SRX Global Provides Update on Balance Sheet and Share Buyback

Future buybacks remain subject to market conditions, available capital and applicable legal requirements.

Rhea-AI Summary

SRX Global (SRXH) reported approximately $34 million in combined cash and Treasury holdings and confirmed active use of its share buyback program. The October 30, 2026 balance includes cash equivalents and restricted cash; it is preliminary, unaudited and subject to adjustment, not a fiscal year-end balance. The company had no cryptocurrency exposure on that date.

The program permits repurchases of up to the lesser of 10 million shares or 50% of outstanding common stock at any given time, capped at $20 million through July 7, 2027. SRX expects to report fiscal year-end results and file its Form 10-K in early December 2026, with results disclosing shares repurchased and average prices for the year ended September 30, 2026.

2 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 2 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointActive share repurchases use authorization capped at $20 million through July 7, 2027. 98% of market cap
• Minor pointRepurchase authorization permits up to the lesser of 10 million shares or 50% of outstanding common stock.

Negative

• Minor pointThe approximately $34 million balance is preliminary, unaudited and subject to adjustment.
• Minor point. Forward-looking: it has not happened yet and may not happen.Future repurchases depend on market conditions, available capital and applicable legal requirements.

Key Figures

Repurchase share limit: Up to 10 million shares Outstanding-share limit: 50% Aggregate repurchase limit: Up to $20 million +2 more

Repurchase share limit

Up to 10 million shares

Program limit, subject to the alternative 50% cap

Outstanding-share limit

50%

Repurchases capped at the lesser of this share limit or 10 million shares

Aggregate repurchase limit

Up to $20 million

Maximum aggregate purchase price under the program

Program end date

July 7, 2027

Repurchase program permitted through this date

Fiscal year-end results and Form 10-K

Early December 2026

Company expects to report results and file its Annual Report

Previous Buybacks Reports

1 past event · Latest: Jul 09

Same Type 1 event

1. Jul 09

   Share repurchase plan

   24h Move

   +28.4%

   Authorized the same buyback cap that the current update says the company has begun using.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

unaudited, form 10-k, restricted cash

3 terms

unaudited financial

"These balances are preliminary, unaudited, based on currently available information"

"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.

form 10-k regulatory

"file its Annual Report on Form 10-K in early December 2026"

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

restricted cash financial

"aggregate cash, cash equivalents, restricted cash and short-term U.S. Treasury bills"

Cash that a company holds but cannot use for day-to-day operations because it is set aside for a specific purpose—such as meeting loan covenants, serving as collateral, funding an escrow, or complying with regulations. Like money in a locked savings account earmarked for a bill, restricted cash reduces the cash available to run the business and pay dividends or debts, so investors treat it differently when assessing a company’s true short-term financial strength.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NORTH PALM BEACH, Fla., Oct. 30, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the “Company” or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today is providing shareholders with an update on its balance sheet and share buyback.

As of October 30, 2026, the Company has approximately $34 million in aggregate cash, cash equivalents, restricted cash and short-term U.S. Treasury bills. The Company does not have any exposure to cryptocurrency as of today. These balances are preliminary, unaudited, based on currently available information and subject to adjustment upon completion of applicable accounting and reconciliation procedures. They do not represent September 30, 2026 fiscal year-end balances or a complete presentation of the Company’s financial condition. The Company currently expects to report its fiscal year-end results and file its Annual Report on Form 10-K in early December 2026.

Additionally, the Company has been actively utilizing its stock repurchase program as of today’s release. The program permits repurchases of up to the lesser of 10 million shares or 50% of its issued and outstanding common stock at any given time, for an aggregate purchase price not exceeding $20 million, through July 7, 2027. Future repurchases are subject to market conditions, available capital and applicable legal requirements.

The Company expects to disclose the total number of shares repurchased and the average price paid for the fiscal year ended September 30, 2026 when it reports its fiscal year-end results in early December 2026.

About SRX Global Inc.
SRX Global is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements, including statements regarding the Company’s investment strategy, capital allocation and portfolio positioning, potential future share repurchases, and the anticipated timing of its fiscal year-end reporting and Form 10-K filing. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including the completion of year-end closing and audit procedures, changes in capital requirements and market conditions, restrictions on share repurchases, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.

Company Contact
SRX Global Inc.
Kent Cunningham, Chief Executive Officer

Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
srx@kcsa.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the limits of SRX Global's share buyback program?

The program permits repurchases of up to the lesser of 10 million shares or 50% of issued and outstanding common stock at any given time, for an aggregate purchase price not exceeding $20 million, through July 7, 2027. Future purchases remain subject to market conditions, available capital and applicable legal requirements.

How much cash and Treasury holdings did SRX Global report?

SRX Global reported approximately $34 million in aggregate cash, cash equivalents, restricted cash and short-term U.S. Treasury bills as of October 30, 2026. The balance is preliminary, unaudited and subject to adjustment; it does not represent September 30, 2026 fiscal year-end balances or a complete presentation of financial condition.