Gorilla Technology Provides Update on $20 Million Share Repurchase Programme
Rhea-AI Summary
Gorilla Technology (NASDAQ: GRRR) updated investors on its $20 million share repurchase programme and timing for its Full Year 2025 results. The company said it has repurchased approximately $10.4 million in total under the programme, including about $5.0 million (~354,000 shares) executed after the Board increased authorization in Q4 2025, leaving roughly $9.6 million of remaining capacity. Management stated repurchases were completed while maintaining a strong cash position and funding commitments. Some buy orders were unfilled due to limited market availability and reduced liquidity in Gorilla shares. The company will pause repurchases until after its abbreviated Full Year 2025 results expected in mid‑March 2026, then may resume depending on share price and capital allocation priorities.
Positive
- Board-authorised repurchase programme of $20.0M
- Repurchased $10.4M of shares to date
- Maintained funding for committed projects and growth
Negative
- Repurchases paused until after Full Year 2025 results in mid-March 2026
- Limited market liquidity caused unfilled buy orders
- Approximately $9.6M of repurchase capacity remains unused
News Market Reaction
On the day this news was published, GRRR declined 2.76%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GRRR was down 0.84% while peers showed mixed moves: ALLT -4.32%, BAND -3.36%, but ARQQ, RXT and XNET were modestly positive. This mix suggests the action around the buyback news was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Strategic AI investment | Positive | -0.4% | Minority investment in Astrikos.ai to enhance AI infrastructure offerings. |
| Dec 05 | Award nomination | Positive | -2.4% | CEO nomination for 2025 Nobel Sustainability Trust leadership award. |
| Dec 04 | CVR payment notice | Positive | -2.4% | Announcement of CVR share distribution terms to qualifying holders. |
| Nov 17 | Earnings and guidance | Positive | -2.5% | Record Q3 revenue, return to operating profit and 2026 revenue guidance. |
| Nov 12 | Earnings call notice | Positive | -3.4% | Scheduling of Q3 2025 results conference call with webcast details. |
Recent positive corporate and financial updates have often been met with negative next-day price reactions, indicating a recurring divergence between news tone and market response.
Over the past few months, Gorilla reported record Q3 2025 revenue of $26.5M with a swing to positive operating income, reduced debt to $15.1M, and highlighted a pipeline above $7B. It also disclosed a CVR share distribution, celebrated a sustainability nomination, and made a strategic AI investment in Astrikos.ai. Despite these largely constructive milestones, the subsequent 24-hour price reactions were negative in each case, setting a backdrop of market skepticism ahead of this buyback update.
Market Pulse Summary
This announcement highlights active execution of Gorilla’s $20M share repurchase programme, with $10.4M already deployed and $9.6M remaining, alongside a temporary pause until after Full Year 2025 results expected in mid-March 2026. Placed against recent record Q3 performance and large AI infrastructure contracts, investors may focus on how ongoing buybacks, cash preservation, and delivery on contracted projects interact over 2026.
Key Terms
liquidity financial
intrinsic value financial
capital allocation financial
AI-generated analysis. Not financial advice.
- CEO Jay Chandan confirms execution of share repurchases following the Board's
- Company discloses updated buybacks to date and remaining capacity under the programme -
- Company expects to release its Full Year 2025 financial results in mid-March -
London, United Kingdom--(Newsfile Corp. - January 9, 2026) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today provided an update on its share repurchase programme.
"Since the Board increased our share repurchase programme to
In total the Company has now repurchased approximately
These repurchases have been executed while maintaining a strong cash position and without compromising funding for our committed projects, growth initiatives or operating requirements.
Recently, we sought to repurchase additional shares; however, certain orders could not be fulfilled due to limited availability in the market. We have observed reduced liquidity in Gorilla shares, which we believe is increasingly driven by a shareholder base with a long-term orientation that is choosing to hold rather than sell at current levels. While we recognize the frustration that market dislocation can create, we remain confident that consistent execution and delivery over time will be reflected in the value of our shares.
The Company will pause repurchases until after the release of our Full Year 2025 financial statements at which time we intend to resume repurchases if the share price continues to fail to fairly reflect the intrinsic value of Gorilla.
In the meantime, we will continue executing our strategy for the benefit of our long-term focused shareholders. We remain fully funded for our growth initiatives and we will continue to allocate capital with discipline and with a single objective of protecting and compounding value for our shareholders.
Looking ahead, the Board will continue to evaluate capital allocation dynamically, including additional share repurchases, alongside growth investment, as conditions warrant. Gorilla is entering 2026 from a position of strength with contracted projects, a resilient capital structure and a robust pipeline. We could not be more excited about the year ahead."
Upcoming Earnings Release
The Company expects to release its abbreviated Full Year 2025 financial results in mid-March 2026 to be followed later by its annual 20-F filing. Further details, including the exact date and dial-in information for the earnings call, will be announced in due course.
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
For more information, please visit our website: Gorilla-Technology.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla will file with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
Public Relations Contact:
Samantha Dowd
Prosek Partners
GRRR@prosek.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279900
FAQ
How much has Gorilla Technology (GRRR) repurchased under the $20M programme?
How many shares did Gorilla repurchase in Q4 2025 and what was the value?
Why did Gorilla Technology pause share repurchases (GRRR)?
What remaining capacity is available under Gorilla's (GRRR) buyback programme?
When will Gorilla (GRRR) release its Full Year 2025 financial results?
Did market conditions affect Gorilla's ability to buy back shares (GRRR)?
