Rezolve AI to Seek Authorization for Planned $300 Million Share Buyback

MT Newswires Live

06/12

Rezolve AI (RZLV) said Friday its board will seek authorization to approve a capital reduction and share repurchases of up to $300 million, citing confidence in its outlook and valuation.

The company said it plans to begin repurchases following UK court approval of the capital reduction, using existing cash.

The company also said it is exploring non-dilutive financing and capital initiatives to support the buyback program over time while preserving flexibility for M&A and growth. The timing and size of buybacks will depend on market conditions and approvals, and the program may be modified or suspended at any time, it added.

Rezolve AI share were up more than 9% in early Friday trading.

Price: 2.77, Change: +0.24, Percent Change: +9.29

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