Information
TORONTO, Jan. 7, 2026 /PRNewswire/ - A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) (the "Company" or "A2Z"), a global leader in innovative technology solutions, today announces that its Board of Directors has
Original sourceAI Summary
A2Z Cust2Mate Solutions Corp. has approved a $20 million share repurchase program, aiming to enhance shareholder value by buying back shares in the open market. This initiative is effective immediately and will continue for a maximum of three months, managed by Oppenheimer & Co.
Trading Thesis
AZ is likely to see upward pressure on its stock price due to the buyback program.
Market-Moving
- Share repurchase programs typically indicate management's confidence in the company's value.
- Investors may react positively to increased demand for AZ's shares.
- A successful buyback could improve earnings per share metrics.
- Market sentiment may shift towards bullish for AZ amid buyback news.
- Short-term stock performance may benefit from reduced share supply.
Key Facts
- The approved buyback amount is $20 million.
- The repurchase program will last up to three months.
- Oppenheimer & Co. will facilitate the share buyback.
- Shares repurchased will be canceled and returned to treasury.
- Effective immediately until April 6, 2026.
Companies Mentioned
- Oppenheimer & Co. (N/A): Brokerage engaged to facilitate AZ’s share repurchase program.
Corporate Developments
Share repurchase programs are strategic moves that often reflect a company's financial health and management's confidence. By committing capital to buy back shares, A2Z Cust2Mate aims to signal its strong fundamentals and enhance shareholder returns.
FAQ
Why Bullish?
Repurchase programs generally indicate management's confidence and can lead to increased investor interest and stock prices, as seen with companies like Apple and Microsoft during their buyback announcements.
How important is it?
The share repurchase is a key move that directly affects AZ's supply dynamics and investor perception, highlighting its financial strategies which can lead to momentous shifts in market sentiment.
Why Short Term?
The immediate effect of the buyback program is likely to reinforce bullish sentiment and stock prices over the next few months, as buybacks typically influence short-term market dynamics.
TORONTO, Jan. 7, 2026 /PRNewswire/ - A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) (the "Company" or "A2Z"), a global leader in innovative technology solutions, today announces that its Board of Directors has approved a share repurchase plan authorizing the Company to repurchase up to $20 million of its outstanding common shares in the open market effective immediately and continuing for up to three months ("Repurchase Program").
The Company believes that the market price of its common shares does not adequately reflect the Company's underlying value and prospects and that the repurchase of the Company's common shares represents an appropriate use of the Company's financial resources and will enhance shareholder value.
The Company has engaged Oppenheimer & Co., Inc. as its broker for the Repurchase Program. The Repurchase Program may be conducted through open market transactions or by other methods at prevailing market prices, subject to market conditions and in compliance with applicable rules and regulations. The timing and dollar amount of repurchase transactions will be subject to the Securities and Exchange Commission (SEC) Rule 10b-18 and/or Rule 10b5-1 requirements. The Company will use its existing cash and cash equivalents to execute the Repurchase Program. All common shares purchased by the Company under the Repurchase Program will be returned to treasury and cancelled.
The repurchase program will commence immediately and will terminate no later than April 6, 2026.
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) creates innovative solutions for complex challenges that brings innovation, ease, excitement and value to retailers and shoppers. The company's flagship innovative smart cart solutions are transforming brick-and-mortar retail, bridging online and in-store shopping through interactive technology that guides and informs customers. Cust2Mate's AI-driven smart carts personalize every in-store journey, turning routine trips into engaging, rewarding experiences. They enable seamless in-cart scanning and payment, allowing shoppers to bypass checkout lines while receiving real-time customized offers and product recommendations. This enhanced customer experience boosts satisfaction and loyalty while helping retailers streamline operations and optimize merchandising through data-driven insights. The carts are equipped with multiple layers of security for accurate recognition and transaction integrity. Its modular, all-in-one detachable panels transform legacy shopping cart fleets into intelligent platforms that deliver a range of benefits. For more information on A2Z Cust2Mate Solutions Corp. and its subsidiary, Cust2Mate Ltd., please visit www.cust2mate.com.
Forward Looking Statements
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect", "will" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the market for our products, the impact of geopolitical, economic, competitive and other factors affecting the Company and its operations, and other matters detailed in reports filed by the Company with the SEC.
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SOURCE A2Z Cust2Mate Solutions Corp.