Guardforce AI (GFAI) said Friday that its board has authorized a stock buyback plan to acquire up to $5 million of the company's outstanding ordinary shares.
The initiative takes effect immediately and will run for a maximum of one year, the company said.
Shares of the company were up roughly 25% in recent Friday premarket activity.
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.
Comments