TruGolf Stock Repurchase Activity
Rhea-AI Summary
TruGolf (NASDAQ: TRUG) announced it repurchased 423,402 shares of Class A common stock under its $2.0 million repurchase program.
The shares were bought at an average price of $0.7552 per share, including fees and commissions, and approximately $1.67 million remains available under the program. The company expects to issue its 2025 results in March 2026.
Positive
- Repurchased 423,402 Class A shares under the program
- Average repurchase price of $0.7552 per share, including fees
- Approximately $1.67 million remains available under the $2.0M program
- Company expects to issue 2025 results in March 2026
Negative
- Repurchase used about 16.5% of the $2.0M program, limiting near-term impact
- Program size of $2.0M may have limited effect on overall float
News Market Reaction
On the day this news was published, TRUG gained 16.76%, reflecting a significant positive market reaction. Argus tracked a peak move of +56.7% during that session. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $754K to the company's valuation, bringing the market cap to $5M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
TRUG was down 2.25% with relatively light volume. Among listed peers, moves were mixed, and only BHAT appeared on the momentum scanner, down 18.96% without news, suggesting this update looks more company-specific than sector-driven.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 29 | Buyback authorization | Positive | +19.8% | Announced <b>$2M</b> Class A share repurchase program aimed at enhancing shareholder value. |
Limited history, but the prior stock repurchase program announcement coincided with a strong positive price reaction.
Over the past year, TruGolf has combined capital structure moves with operating updates. On May 29, 2025, it launched a $2 million stock repurchase program and the shares rose 19.78% the next day. Since then, filings and press releases have detailed progress on this authorization and product initiatives. Today’s buyback activity update fits into that same capital return framework, showing execution under the previously announced program rather than a new authorization.
Historical Comparison
In the past, TruGolf’s only other buyback-related release on May 29, 2025 saw a 19.78% next-day move. Today’s update reflects ongoing execution under that same $2M authorization rather than a fresh program launch.
Buyback news has progressed from initial $2M authorization to ongoing updates on actual share repurchases under that program.
Regulatory & Risk Context
An effective Form S-3 shelf filed on November 17, 2025 allows TruGolf to issue up to $200,000,000 of securities over time. As of the provided data, reported usage count is 0, so this represents potential future financing capacity alongside the current stock repurchase program.
Market Pulse Summary
The stock surged +16.8% in the session following this news. A strong positive reaction aligns with investors rewarding capital return signals. This update confirms execution of the $2 million buyback, with 423,402 shares repurchased at an average of $0.7552. Historically, the initial buyback announcement coincided with a 19.78% gain, so follow‑on enthusiasm would be consistent with that precedent, though the presence of a $200,000,000 effective shelf underscores ongoing financing flexibility.
Key Terms
stock repurchase program financial
forward-looking statements regulatory
form 10-k regulatory
form 10-q regulatory
form 8-k regulatory
AI-generated analysis. Not financial advice.
SALT LAKE CITY, UT, Feb. 10, 2026 (GLOBE NEWSWIRE) -- TruGolf Holdings Inc. (NASDAQ: TRUG) today announced an update on its stock repurchase activity. The Company has repurchased 423,402 shares of its Class A common stock under its previously announced
“Following our strong showing at January’s PGA show, the Company remains optimistic about its future prospects and the potential of its revamped product lineup.” said Chris Jones, Chief Executive Officer of TruGolf.
TruGolf expects to issue its 2025 results in March, 2026.
Disclaimer on Forward Looking Statements
This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. 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
About TruGolf:
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf's mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology - because TruGolf believes Golf is for Everyone. TruGolf's team has built award-winning video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf's beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.
Contact:
Michael Bacal
mbacal@darrowir.com
917-886-9071