QualityStocksNewsBreaks – Forward Industries Inc. (NASDAQ: FWDI) Optimizes Capital Strategy with Strategic Buyback
Forward Industries (NASDAQ: FWDI) builds, operates, and manages a large-scale Solana (SOL) treasury, and is backed by many of the most influential investors in the digital space. “Recently, the company announced a strategic share repurchase where it bought back over 6 million common shares of its common stock from an institutional investor, for a total price of $27.4 million… This share repurchase takes advantage of the current low prices as an opportunity to buy back shares at a discount and return a meaningful block of shares to the treasury. The move also helps shareholders by reducing outstanding shares from 83,142,133 to…