Guardforce AI Board Approves Program To Repurchase Upto $5 Mln Of Shares, Stock Up In Pre-Market

Group 1 - The company, Guardforce AI Co., Limited (GFAI), has announced a share repurchase program to buy back up to $5 million of its outstanding ordinary shares [1] - The share repurchase program is effective immediately and will last for up to one year, aimed at enhancing long-term value through disciplined capital allocation [1] - The company believes its current market valuation does not fully reflect its intrinsic value, particularly the strength of its legacy secured logistics and the long-term potential of its AI business [2] Group 2 - In pre-market trading, GFAI shares are priced at $0.5599, reflecting an increase of 27.91 percent on the Nasdaq [2]