Webull Authorizes $100 Million Share Buyback Program

Gate News message, April 22 — Webull Corporation announced that its board approved a share repurchase program of up to $100 million, allowing the company to buy back its Class A ordinary shares over the next 12 months. The program will be funded through existing cash reserves and future cash flow.

Repurchases may be executed through open market transactions, privately negotiated deals, or block trades, with no fixed schedule or minimum purchase volume set. This flexibility allows Webull to adjust activity based on share price movements and market conditions. "Today's announcement reflects our continued focus on optimizing our capital structure and delivering long-term value to our shareholders," said Anthony Denier, Group President and U.S. Chief Executive Officer at Webull.

The company indicated that the repurchase program will not compromise ongoing investment in platform expansion and global growth. CFO H.C. Wang stated, "This share repurchase program reflects our balance sheet strength and our ability to return capital to shareholders while maintaining flexibility to continue investing in our growth priorities."