The board of directors of SOL Treasury company Forward Industries approved a new $1 billion stock buyback program.

Forward Industries, a Nasdaq-listed treasury company, announced that it has filed a supplemental filing with the U.S. Securities and Exchange Commission (SEC) regarding a resale prospectus, based on a valid registration statement on Form S-3 filed earlier this year. The filing registers the resale of a portion of the company's previously issued common stock in its September 2025 private placement (“PIPE”), and becomes effective automatically upon filing. In addition, Forward Industries' board of directors approved a share repurchase program on November 3, 2025, under which the company may repurchase up to $1 billion of its outstanding common stock. This authorization expires on September 30, 2027.