SOL treasury company Forward Industries board approves new $1 billion stock buyback plan

ChainCatcher news, according to Businesswire, Nasdaq-listed SOL treasury company Forward Industries announced that it has submitted a resale prospectus supplement to the US SEC, pursuant to the effective registration statement on Form S-3 filed earlier this year. This document registers the resale of certain common shares previously issued in the company’s September 2025 private investment in public equity (“PIPE”), and becomes effective automatically upon filing.

In addition, the Board of Directors of Forward Industries approved a share repurchase program on November 3, 2025, under which the company may repurchase up to 1 billion USD of issued common shares. This authorization will expire on September 30, 2027.