SOL Financial Corporation's Forward Industries Board approves a new $1 billion stock repurchase plan

According to Businesswire, NASDAQ-listed Forward Industries announced that it has submitted a resale prospectus supplement to the SEC, based on a valid registration statement filed earlier this year on Form S-3. This document registers the resale of certain shares of common stock previously issued in a private placement ("PIPE") in September 2025, which becomes effective automatically upon submission.

Additionally, the Board of Directors of Forward Industries approved a stock repurchase plan on November 3, 2025, under which the company may repurchase up to $1 billion of its issued common stock. This authorization will expire on September 30, 2027.