Webull Launches $100 Million Share Repurchase Program Over Next 12 Months
Webull’s board authorized a $100 million share repurchase program targeting Class A shares over the next 12 months. Repurchases will be funded from existing cash and future cash flow and may occur via open-market transactions, block trades or private negotiations depending on market conditions.
1. Program Authorization and Scope
Webull’s board approved a share repurchase program authorizing up to $100 million of Class A ordinary shares to be bought back over the next 12 months. The company has no obligation to acquire a specific number of shares, and the program may be modified, suspended or discontinued at any time.
2. Funding and Execution Mechanisms
Repurchases may be executed through open-market transactions, block trades or privately negotiated deals at prevailing market prices. Webull plans to finance the program using existing cash balances and future operating cash flow.
3. Strategic Rationale and Flexibility
Management views the repurchase as a way to optimize its capital structure and demonstrate confidence in the company’s long-term outlook. The program preserves flexibility to continue investing in growth initiatives while returning capital to shareholders.