TruGolf Announces Stock Repurchase Program
TruGolf Holdings (NASDAQ: TRUG) has announced a $2 million stock repurchase program for its Class A common stock. The program will continue until the full amount is spent or the program is terminated. The company will conduct purchases through open-market transactions or other means, with timing and volume depending on factors including price, trading volume, and market conditions.
CEO Chris Jones stated that TruGolf's strong capital position enables this buyback program, which is aimed at enhancing shareholder value. The repurchases will be executed in compliance with SEC regulations.
TruGolf Holdings (NASDAQ: TRUG) ha annunciato un programma di riacquisto di azioni per 2 milioni di dollari relativo alle sue azioni ordinarie di Classe A. Il programma proseguirà fino all'esaurimento dell'importo previsto o alla sua eventuale cessazione. L'azienda effettuerà gli acquisti tramite transazioni sul mercato aperto o altri metodi, con tempistiche e volumi che dipenderanno da fattori quali prezzo, volume di scambio e condizioni di mercato.
Il CEO Chris Jones ha dichiarato che la solida posizione patrimoniale di TruGolf rende possibile questo programma di riacquisto, volto a incrementare il valore per gli azionisti. I riacquisti saranno eseguiti nel rispetto delle normative SEC.
TruGolf Holdings (NASDAQ: TRUG) ha anunciado un programa de recompra de acciones por 2 millones de dólares para sus acciones ordinarias Clase A. El programa continuará hasta que se agote el monto total o se termine el programa. La compañía realizará las compras a través de transacciones en el mercado abierto u otros medios, con el momento y volumen dependiendo de factores como el precio, el volumen de negociación y las condiciones del mercado.
El CEO Chris Jones declaró que la sólida posición de capital de TruGolf permite este programa de recompra, que tiene como objetivo aumentar el valor para los accionistas. Las recompras se ejecutarán cumpliendo con las regulaciones de la SEC.
TruGolf Holdings (NASDAQ: TRUG)는 Class A 보통주에 대해 200만 달러 규모의 자사주 매입 프로그램을 발표했습니다. 이 프로그램은 전체 금액이 소진되거나 프로그램이 종료될 때까지 계속됩니다. 회사는 가격, 거래량, 시장 상황 등의 요인에 따라 시기와 규모를 조절하며 공개 시장 거래 또는 기타 방법을 통해 매입을 진행할 예정입니다.
CEO 크리스 존스는 TruGolf의 탄탄한 자본 상태가 이번 자사주 매입 프로그램을 가능하게 하며, 이는 주주 가치를 높이기 위한 것이라고 밝혔습니다. 매입은 SEC 규정을 준수하여 실행됩니다.
TruGolf Holdings (NASDAQ : TRUG) a annoncé un programme de rachat d’actions de 2 millions de dollars portant sur ses actions ordinaires de classe A. Ce programme se poursuivra jusqu’à ce que le montant total soit utilisé ou que le programme soit interrompu. La société effectuera les achats via des transactions sur le marché ouvert ou par d’autres moyens, le timing et le volume dépendant de facteurs tels que le prix, le volume des échanges et les conditions du marché.
Le PDG Chris Jones a déclaré que la solide position financière de TruGolf permet ce programme de rachat, visant à accroître la valeur pour les actionnaires. Les rachats seront réalisés conformément aux réglementations de la SEC.
TruGolf Holdings (NASDAQ: TRUG) hat ein Aktienrückkaufprogramm in Höhe von 2 Millionen US-Dollar für seine Stammaktien der Klasse A angekündigt. Das Programm läuft, bis der volle Betrag ausgegeben ist oder das Programm beendet wird. Das Unternehmen wird Käufe über Transaktionen am offenen Markt oder andere Methoden tätigen, wobei Zeitpunkt und Volumen von Faktoren wie Preis, Handelsvolumen und Marktbedingungen abhängen.
CEO Chris Jones erklärte, dass die starke Kapitalausstattung von TruGolf dieses Rückkaufprogramm ermöglicht, das darauf abzielt, den Aktionärswert zu steigern. Die Rückkäufe werden unter Einhaltung der SEC-Vorschriften durchgeführt.
- Authorization of $2 million stock buyback program indicates financial strength
- Program demonstrates commitment to returning value to shareholders
- Company has strong capital position to support the buyback
- Relatively small buyback size of $2 million may limit market impact
- No specific timeline provided for program completion
Salt Lake City, Utah, May 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, today announced the authorization of a stock repurchase program of up to
The stock repurchase program will expire upon the expenditure of
“TruGolf’s capital position provides the opportunity to execute this stock repurchase program, which we believe further strengthens our shareholder value proposition,” said Chris Jones, CEO of TruGolf.
About TruGolf Holdings
TruGolf is a golf technology company, committed to making golf easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.
Forward-Looking Statements
Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, the timing and the amount of shares that may be repurchased under the plan. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.
For more information about our products and upcoming innovations, please visit TruGolf.com.
Media Contacts:
TruGolf: Michael Bacal: Phone: 917-886-9071; mbacal@darrowir.com Web: TruGolf.com LinkedIn: @TruGolf
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