LOS ANGELES, CA - November 21, 2025 (NEWMEDIAWIRE) - Forward Industries (NASDAQ: FWDI), a company building and managing a large-scale Solana (SOL) treasury, recently authorized a new share repurchase program and filed a Resale Prospectus Supplement (https://ibn.fm/h8hV2) with the U.S. Securities and Exchange Commission (“SEC”).

• The Forward Industries (FWDI) Board recently authorized a share repurchase program to allow the company to repurchase up to $1 billion worth of common company stock.
• The company has also filed a Resale Prospectus Supplement, which allows certain named shareholders to resell common stock from time to time.
• According to the Chairman of the Board, Kyle Samani, these moves reflect the company’s commitment to building long-term shareholder value and believes in the potential of Solana technology for capital market applications.

The share repurchase program permits the company to buy back up to $1 billion of common stock. These repurchases may be made periodically through block trades, open-market purchases, or via transactions that are negotiated privately. Also, all repurchases will comply with Rule 10b-18 of the…

Read More

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law

This contant was orignally distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Forward Industries (FWDI) Authorizes $1B Share Repurchase Program, Files Resale Prospectus Supplement.