Aeries Technology, Inc. Announces \$5 Million Share Repurchase Program – Detailed Investor Update

Key Highlights

• Share Repurchase Authorization: The Board of Directors of Aeries Technology, Inc. (NASDAQ: AERT) has approved a share repurchase program of up to \$5.0 million of its outstanding Class A ordinary shares, to be executed over a twelve-month period.
• Strategic Intent: This move signals strong confidence from the Board in the company’s current strategy, operating performance, and long-term growth prospects.
• Capital Allocation: The authorization is designed to provide a disciplined and flexible approach to capital allocation, with an explicit focus on enhancing long-term shareholder value.

Details of the Repurchase Program

• Repurchases may be conducted through various methods, including but not limited to open market purchases, privately negotiated transactions, and accelerated share repurchase programs.
• There is no obligation for Aeries to repurchase any specific number of shares; the program can be suspended, modified, or discontinued at any time based on management’s discretion and market conditions.

What Shareholders Need to Know

• Potential Share Price Impact: Share repurchase programs are often interpreted as a positive signal by the market, reflecting management’s belief that the stock is undervalued or that the company has confidence in future performance. This can lead to an upward movement in share price, as buybacks reduce the number of shares outstanding and can increase earnings per share.
• Flexibility and Uncertainty: While the authorization is for up to \$5 million, the actual number of shares repurchased and the timing will depend on market conditions and management’s ongoing assessment. The company is not compelled to execute the entire program.
• Long-Term Value Commitment: The Board’s decision is positioned as a commitment to maximizing shareholder value over the long term, aligning capital allocation with strategic priorities and growth opportunities.

About Aeries Technology, Inc.

Aeries Technology, Inc. is a global leader in AI-powered business transformation and Global Capability Center (GCC) services. The company works 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.

Forward-Looking Statements

Investors should note that this announcement contains forward-looking statements regarding the company’s share repurchase program, capital allocation, and future plans. These statements are subject to risks and uncertainties that could cause actual results to differ materially from current expectations. Investors are encouraged to review the company’s filings with the U.S. Securities and Exchange Commission for additional information on these risks.

Contact for Investors

Investor Relations Contact:
Aeries Technology, Inc.
Email: [email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions. The information presented is based on public filings and announcements from Aeries Technology, Inc. and is subject to change without notice.

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