XTI Aerospace Announces Share Repurchase Program
XTI Aerospace (NASDAQ: XTIA) has announced a $5 million share repurchase program authorized by its board of directors. The program aims to address what the company perceives as an undervaluation of its common stock.
The buyback will be executed through open market transactions, privately negotiated deals, or other means including Rule 10b-18 trading plans. The program has an initial term of 12 months, extendable to 18 months, and can be suspended or discontinued at any time.
As of March 18, 2025, XTI Aerospace had approximately 3.7 million shares of common stock outstanding. The timing and total value of repurchases will be determined by various factors including market conditions, corporate requirements, and prevailing stock prices.
XTI Aerospace (NASDAQ: XTIA) ha annunciato un programma di riacquisto di azioni da 5 milioni di dollari autorizzato dal suo consiglio di amministrazione. Il programma ha l'obiettivo di affrontare quella che l'azienda percepisce come una sottovalutazione delle sue azioni ordinarie.
Il riacquisto sar脿 eseguito attraverso transazioni nel mercato aperto, accordi negoziati privatamente o altri mezzi, inclusi i piani di trading secondo la Regola 10b-18. Il programma ha una durata iniziale di 12 mesi, estendibile a 18 mesi, e pu貌 essere sospeso o interrotto in qualsiasi momento.
Al 18 marzo 2025, XTI Aerospace aveva circa 3,7 milioni di azioni ordinarie in circolazione. Il momento e il valore totale dei riacquisti saranno determinati da vari fattori, tra cui le condizioni di mercato, le esigenze aziendali e i prezzi delle azioni prevalenti.
XTI Aerospace (NASDAQ: XTIA) ha anunciado un programa de recompra de acciones de 5 millones de d贸lares autorizado por su junta directiva. El programa tiene como objetivo abordar lo que la empresa percibe como una subvaloraci贸n de sus acciones ordinarias.
La recompra se llevar谩 a cabo a trav茅s de transacciones en el mercado abierto, acuerdos negociados en privado u otros medios, incluidos los planes de negociaci贸n seg煤n la Regla 10b-18. El programa tiene un plazo inicial de 12 meses, ampliable a 18 meses, y puede ser suspendido o interrumpido en cualquier momento.
Al 18 de marzo de 2025, XTI Aerospace ten铆a aproximadamente 3,7 millones de acciones ordinarias en circulaci贸n. El momento y el valor total de las recompras se determinar谩n por varios factores, incluidas las condiciones del mercado, los requisitos corporativos y los precios de las acciones prevalecientes.
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XTI Aerospace (NASDAQ: XTIA) a annonc茅 un programme de rachat d'actions de 5 millions de dollars autoris茅 par son conseil d'administration. Ce programme vise 脿 traiter ce que l'entreprise per莽oit comme une sous-茅valuation de ses actions ordinaires.
Le rachat sera effectu茅 par le biais de transactions sur le march茅 ouvert, d'accords n茅goci茅s en priv茅 ou d'autres moyens, y compris les plans de n茅gociation selon la R猫gle 10b-18. Le programme a une dur茅e initiale de 12 mois, pouvant 锚tre prolong茅e 脿 18 mois, et peut 锚tre suspendu ou interrompu 脿 tout moment.
Au 18 mars 2025, XTI Aerospace avait environ 3,7 millions d'actions ordinaires en circulation. Le moment et la valeur totale des rachats seront d茅termin茅s par divers facteurs, y compris les conditions du march茅, les besoins de l'entreprise et les prix des actions en vigueur.
XTI Aerospace (NASDAQ: XTIA) hat ein Aktienr眉ckkaufprogramm im Wert von 5 Millionen Dollar bekannt gegeben, das von seinem Vorstand genehmigt wurde. Das Programm zielt darauf ab, das anzugehen, was das Unternehmen als eine Unterbewertung seiner Stammaktien wahrnimmt.
Der R眉ckkauf wird durch Transaktionen am offenen Markt, privat ausgehandelte Gesch盲fte oder andere Mittel, einschlie脽lich der Handelspl盲ne gem盲脽 Regel 10b-18, durchgef眉hrt. Das Programm hat eine anf盲ngliche Laufzeit von 12 Monaten, die auf 18 Monate verl盲ngert werden kann, und kann jederzeit ausgesetzt oder eingestellt werden.
Am 18. M盲rz 2025 hatte XTI Aerospace etwa 3,7 Millionen Aktien im Umlauf. Der Zeitpunkt und der Gesamtwert der R眉ckk盲ufe werden durch verschiedene Faktoren bestimmt, darunter Marktbedingungen, Unternehmensanforderungen und die aktuellen Aktienkurse.
- Authorization of $5 million share repurchase program signals management confidence
- Potential increase in shareholder value through stock buyback
- Flexible program structure allows optimization based on market conditions
- Program size to $5 million, representing a modest portion of market cap
- No guarantee on minimum share repurchase amount
- Program can be suspended or discontinued at any time
By the authorization, XTI Aerospace may purchase common stock by way of open market transactions, through privately negotiated transactions, or by other means including through the use of trading plans intended to qualify under Rule 10b-18 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing, total value of stock repurchases, and aggregate number of shares repurchased will depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices, and other considerations. The share repurchase program will have an initial term of twelve (12) months, which may be extended to eighteen (18) months. The share repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of common stock.
The Company had approximately 3.7 million shares of common stock outstanding as of March 18, 2025.
"The decision to implement a share buyback program reflects our strong confidence in the intrinsic value of XTI Aerospace and our belief in its future potential," said Scott Pomeroy, Chairman and CEO of XTI Aerospace. "We are committed to delivering long-term value to our shareholders, and our continued progress toward achieving market leadership reinforces our confidence in XTI's long-term success."
About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) (Nasdaq:聽) is the parent company of XTI Aircraft Company, an aviation business based near聽Denver,
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including without limitation, statements about the products under development by XTI Aerospace, the advantages of Aerospace's technology, and XTI Aerospace's customers, plans and strategies are forward-looking statements.
Some of these forward-looking statements can be identified by the use of forward-looking words, including "believe," "continue," "could," "would," "will," "estimate," "expect," "intend," "plan," "target," "projects," or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by XTI Aerospace and its management, are inherently uncertain, and many factors may cause the actual results to differ materially from current expectations. XTI Aerospace undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that might subsequently arise. Readers are urged to carefully review and consider the risk factors discussed from time to time in XTI Aerospace's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on April 16, 2024, and in subsequent reports filed with or furnished to the SEC.
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FAQ
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