Arrive AI Announces $10 Million Share Buyback Program

Reuters2025-09-08

Arrive AI Announces $10 Million Share Buyback Program

Arrive AI Inc. (Nasdaq:ARAI) has announced the authorization of a share repurchase program valued at up to $10 million. This initiative, approved by the company's Board of Directors, allows for the repurchase of common stock from now through March 31, 2026. The company aims to capitalize on what it perceives as an undervaluation in its stock, facilitating opportunistic buybacks to enhance long-term shareholder value. The transactions may occur in the open market, through privately negotiated deals, or under Rule 10b5-1 trading plans, depending on market conditions and other factors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arrive Ai Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1069895) on September 08, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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