Guardforce AI Co., Limited has announced a new Share Repurchase Program, authorizing the company to buy back up to $5 million of its outstanding ordinary shares over the next year. The company believes its current market valuation does not reflect its intrinsic value, including its legacy secured logistics business and the long-term potential of its AI business. This program aims to enhance long-term value and signals confidence in the company’s fundamentals and growth strategy.
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Guardforce AI Announces Share Repurchase Program
Guardforce AI Co., Limited has announced a new Share Repurchase Program, authorizing the company to buy back up to $5 million of its outstanding ordinary shares over the next year. The company believes its current market valuation does not reflect its intrinsic value, including its legacy secured logistics business and the long-term potential of its AI business. This program aims to enhance long-term value and signals confidence in the company’s fundamentals and growth strategy.