Psyence BioMed Announces 2026 Financial Strategy and Share Buyback Program
NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM), a leader in biopharmaceuticals focusing on nature-derived psilocybin and ibogaine therapies, has announced the approval of its 2026 Financial Strategy and Capital Management Framework. This plan includes the authorization of a share repurchase program aimed at enhancing shareholder value during favorable market conditions.
Key Aspects of the 2026 Financial Strategy
The Board of Directors' approval follows a comprehensive review of Psyence BioMed's financial position, capital structure, and market conditions relevant to its Nasdaq listing. The primary goals of the new strategy include:
- Protecting shareholder value.
- Preserving capital to meet planned clinical and regulatory milestones.
- Improving shareholder equity through potential buybacks.
Share Repurchase Program Details
The Board believes that the current market price of PBM may not accurately reflect the Company's underlying value. As such, it sees potential in repurchasing its Common Shares as an investment opportunity. The specifics of the program include:
- Repurchasing shares subject to liquidity, valuation, and market conditions.
- Compliance with applicable securities laws and Nasdaq regulations.
- Execution through an independent third-party broker.
The timing of these buybacks will depend on various factors including market conditions and share prices. The program may enhance per-share ownership for remaining shareholders if shares are canceled after repurchase.
Expected Impact on Shareholder Value
Psyence BioMed anticipates that any repurchases made at discounts to the Board’s estimated value will benefit remaining shareholders. The implementation period for the buyback program is expected to be within the next six to twelve months, contingent on maintaining adequate liquidity to support clinical developments and regulatory requirements.
About Psyence BioMed
Psyence Biomedical Ltd. (Nasdaq: PBM) is a pioneering biopharmaceutical company dedicated to developing nature-derived (non-synthetic) psilocybin and ibogaine treatments. As the first publicly-listed life sciences entity on Nasdaq focused on psychedelic therapeutics, the Company aims to address critical mental health issues through evidence-based, FDA-approved methods.
Contact Information
For further inquiries, please contact Psyence Biomedical Ltd. at:
- Email: ir@psyencebiomed.com
- Media Inquiries: media@psyencebiomed.com
- General Information: info@psyencebiomed.com
- Investor Contact: Michael Kydd, Investor Relations Advisor - michael@psyencebiomed.com
Forward-Looking Statements
This release contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. These include projections regarding the Company’s financial strategy, potential share repurchase mechanisms, and compliance with Nasdaq regulations. Actual outcomes may differ due to various risks including market fluctuations, corporate authorizations, and compliance challenges.