Forward Industries Announces Strategic Share Repurchase
Forward Industries, Inc. (FWDI)
Company Research
Source: GlobeNewswire
Transaction Expected to Increase SOL-per-Share and Return Over 6 Million Shares of Common Stock to its Treasury Using Low-Cost Financing from Galaxy Digital LLC Cost Optimization Initiatives Expected to Enhance Operating Leverage AUSTIN, TX, March 19, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced that it has entered into an agreement to repurchase 6,164,324 shares of its common stock from an institutional investor in a privately negotiated transaction. The total purchase cost is $27.4 million. The transaction will reduce Forward’s common shares outstanding from 83,142,133 to 76,977,809. As of December 31st, 2025, Forward held 6,962,501 SOL and had 111,591,332 fully diluted shares outstanding resulting in a SOL-per-share of approximately 0.0624. As of March 18th, 2026 and following this transaction, Forward holds 7,013,536 SOL and has 105,894,207 fully diluted shares outstanding,
Show less
Read more
Impact Snapshot
Event Time:
FWDI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FWDI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FWDI alerts
High impacting Forward Industries, Inc. news events
Weekly update
A roundup of the hottest topics
FWDI
News
- Solana attracts tokenized equities as Galaxy enables DeFi lending [Yahoo! Finance]Yahoo! Finance
- InvestorNewsBreaks – Forward Industries Inc. (NASDAQ: FWDI) Delivers Strong Results as Solana Treasury Expands [TheStreet.com]TheStreet.com
- Forward Industries Inc. (NASDAQ: FWDI) and the Cryptocurrency Market Represent a Rare Opportunity for Investors [TheStreet.com]TheStreet.com
- Forward Industries announces 6.16M share repurchase for $27.4M [Yahoo! Finance]Yahoo! Finance
- Forward Industries Eyes Berkshire Hathaway Status as SOL Losses Near $1 Billion [Yahoo! Finance]Yahoo! Finance
FWDI
Sec Filings
- 3/26/26 - Form 3/A
- 3/19/26 - Form 8-K
- 3/13/26 - Form 3
- FWDI's page on the SEC website