OpenAI CEO Sam Altman’s Project Partner Announces Buyback Program! Here Are the Details

WLD’s financial subsidiary, Eightco Holdings, has taken a significant step to support its share value. The board of directors of the Nasdaq-listed company approved a share buyback program that could reach up to $125 million in total. This decision is seen as part of the company’s goal to optimize its capital structure and increase long-term shareholder value.

The statement indicated that the share buyback program would be implemented over a specific timeframe, depending on market conditions, the company’s financial situation, and regulatory requirements.

Eightco Holdings stated that the buybacks could be carried out through open market operations, private agreements, or other methods compliant with applicable legislation. It was also emphasized that the program is not binding on the company and that management may suspend or terminate the plan if deemed necessary.

The company also highlighted the transformation in the authentication market driven by rapidly growing artificial intelligence applications. In this context, Eightco Holdings plans to focus on developing universal digital identity and authentication frameworks through strategic investments and collaborations.

Management pointed out that reliable and scalable identity solutions are critical in the age of artificial intelligence, and that opportunities in this area play a central role in the company’s long-term growth strategy.

Market analysts say the share buyback program could boost investor confidence and reflect their belief in the company’s balance sheet. Eightco Holdings’ ability to simultaneously pursue both financial discipline and a technology-focused growth strategy is also being closely watched by the WLD ecosystem.