BuybackJul 8, 2026, 06:22 AM
AmpliTech Group Authorizes $10M Stock Repurchase Program
AI Summary
AmpliTech Group, Inc. announced that its Board of Directors has authorized a stock repurchase program, allowing the company to buy back up to $10 million of its common stock over the next 24 months. The repurchases can be made through various methods, including open market purchases, at the company's discretion. Additionally, the company terminated its Equity Distribution Agreement with Maxim Group LLC, which was originally established in March 2025.
Key Highlights
- Board authorized a stock repurchase program of up to $10 million.
- Repurchase program will be conducted over the next 24 months.
- Repurchases may occur via open market, privately negotiated transactions, or block trades.
- Company may enter into a trading plan under Rule 10b5-1.
- Timing, manner, price, and amount are at the Company's discretion.
- Company terminated the Equity Distribution Agreement with Maxim Group LLC, effective immediately.
- The Equity Distribution Agreement was originally dated March 21, 2025.
Price Impact
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