Aeries Technology, Inc. Announces $5.0 Million Share Repurchase Authorization
NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced that its Board of Directors has authorized a share repurchase program of up to $5.0 million of the Company’s outstanding Class A ordinary shares over a twelve-month period.
The share repurchase authorization reflects the Board’s confidence in the Company’s strategy, operating trajectory, and long-term growth opportunities. The Board believes the authorization provides a disciplined and flexible mechanism to allocate capital and underscores its commitment to enhancing long-term shareholder value.
Repurchases may be made from time to time, in such amounts and at such prices as management deems appropriate, using a variety of methods, which may include open market purchases, private negotiated transactions, accelerated share repurchase programs or other legally permissible means. The program does not obligate the Company to repurchase any specific amount of shares and may be suspended, modified, or discontinued at any time.
About Aeries Technology, Inc.
Aeries Technology, Inc. (NASDAQ: AERT) is a global leader in AI-powered business transformation and Global Capability Center (GCC) services. The Company partners with private equity firms and enterprise clients to establish and scale dedicated global capability centers that drive operational efficiency, innovation, and long-term value creation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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