Alcidion Plans Selective Buy-Back Of Up To 10% Of Shares
Closing price · 2026-10-27: $0.110 · +10.00%
Alcidion plans an on-market buy-back of up to approximately 135 million shares, or 10% of its issued capital, expected to begin in November and run for up to 12 months. The maximum is not a target or commitment: the company says purchases will be selective and weighed against investment, growth and cash needs, with approximately $21 million in cash reserves at the end of June 2026.