Stock Buyback Program commencing from today, with broker engaged to execute any open market purchases Stock Buyback Program previously announced in April 2024 to be extended for an additional 15 months to June 30, 2026 LONDON, March 10, 2025 (GLOBE NEWSWIRE) -- VivoPower International (Nasdaq: VVPR) ("VivoPower" or the "Company") today announced that its Board of Directors (the "Board") has authorized the extension of a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company’s outstanding ordinary shares.
Repurchases by the Company under the Stock Buyback Program will be subject to general market and economic conditions, applicable legal and regulatory requirements, shareholder approval, availability of distributable profits, and other considerations, including alternate uses of capital and the Company’s financial performance.
These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission.
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