Solana’s Treasury Company Forward Industries Authorizes $1 Billion Share Repurchase

Forward Industries, a digital asset-focused company with significant Solana holdings, has initiated a $1 billion share repurchase program. This move aims to reward shareholders as the company transitions into a treasury focused on digital assets. The authorization grants flexibility in stock buying activities through various market channels and allows Forward Industries to buy back its shares when the stock price dips below its intrinsic value. The strategy seeks to maximize shareholder value while continuing their expansion within the Solana ecosystem.