TruGolf Stock Repurchase Activity

TruGolf (NASDAQ: TRUG) announced it repurchased 423,402 shares of Class A common stock under its $2.0 million repurchase program.

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

Argus Feb 10 session

+16.76% close to close Open Argus

Details

News Market Reaction – TRUG

On Feb 10, the day this news came out, TRUG closed 16.76% above the previous close.

Data tracked by StockTitan Argus for the Feb 10 session.

Key Figures

Shares repurchased: 423,402 shares Repurchase program size: $2,000,000 Average repurchase price: $0.7552 per share +2 more

Shares repurchased

423,402 shares

Class A common stock under repurchase program

Repurchase program size

$2,000,000

Total authorized stock repurchase program

Average repurchase price

$0.7552 per share

Including all fees and commissions

Remaining authorization

$1.67 million

Amount still available under repurchase program

Forward results timing

March 2026

Expected release of 2025 results

Previous Buybacks Reports

1 past event · Latest: May 29

Same Type 1 event

1. May 29

   Buyback authorization

   24h Move

   +19.8%

   Announced $2M Class A share repurchase program aimed at enhancing shareholder value.

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

Key Terms

stock repurchase program, forward-looking statements, form 10-k, form 10-q, +1 more

5 terms

stock repurchase program financial

"under its previously announced $2 million stock repurchase program."

A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.

forward-looking statements regulatory

"This news release contains certain statements that constitute “forward-looking statements”"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

form 10-k regulatory

"under the heading "Risk Factors" in the Company's Annual Report on Form 10-K"

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.

form 10-q regulatory

"and subsequently filed Quarterly Reports on Form 10-Q and Current Reports"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

form 8-k regulatory

"Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC"

A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.

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

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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 $2 million stock repurchase program. The shares were purchased at an average price of $0.7552 per share, including all fees and commissions. Approximately $1.67 million remains available under the repurchase program.

“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

FAQ

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

How many shares did TruGolf (TRUG) repurchase on February 10, 2026?

TruGolf repurchased 423,402 Class A shares under its buyback program. According to the company, the purchases are part of its previously announced $2.0 million repurchase program and were completed at an average price of $0.7552 per share.

What was the average price paid per share in TruGolf's (TRUG) repurchase?

The average purchase price was $0.7552 per share, including fees and commissions. According to the company, that average reflects total consideration paid for the 423,402 shares bought under the $2.0 million program.

How much remaining capacity is left in TruGolf's (TRUG) $2.0M repurchase program?

Approximately $1.67 million remains available under the $2.0 million repurchase program. According to the company, this reflects the balance after repurchasing 423,402 shares at the stated average price.

Does TruGolf (TRUG) plan to release financial results soon after the repurchase?

TruGolf expects to issue its 2025 results in March 2026. According to the company, the results will follow the repurchase update and provide further financial context for investors.

What does TruGolf's (TRUG) repurchase activity indicate about its capital deployment?

The company executed share repurchases under a small, dedicated $2.0M program, using roughly 16.5% so far. According to the company, this action is part of its capital allocation strategy while financial results are pending in March 2026.