BYND:CC - Femto Technologies Inc. Announces Stock Repurchase Program
(TheNewswire)
Vancouver, BC – May 15, 2025 – TheNewswire - FemtoTechnologies Inc. (Nasdaq: FMTO) (the “ Company ” or “ Femto ”), apioneering femtech company, announce s that its Board of Directors hasauthorized a stock repurchase program (the “ Stock Repurchase Program ”) to repurchase up to 43,025 subordinate voting shares ofthe Company (the “ Subordinate Voting Shares ”), representing upto 5% of the issued and outstanding Subordinate Voting Shares as atthe close of business on May 14, 2025. The Stock Repurchase Programwill commence on May 20, 2025, and is expected to last for up to sixmonths. The Stock Repurchase Program does not obligate theCompany to repurchase any dollar amount or number of shares, and theprogram may be extended, modified, suspended or discontinued at anytime.
“Our stock repurchase authorization reflects theBoard’s decision to support the company's capital and increaseshareholder value and return,” said Yftah Ben Yaackov, ChiefExecutive Officer. “We are confident in our ability to generateincreasing amounts of free cash flow and are committed to continue tostrategically deploy capital where we believe it can generatestockholder value.”
Under the Stock Repurchase Program, the Company maymake repurchases, from time to time, through open market purchases.The value of the consideration paid by theCompany for the Subordinate Voting Shares under the Stock RepurchaseProgram will not exceed the market price of theSubordinate Voting Shares on Nasdaq at the date of acquisition, asdetermined in accordance with National Instrument 61-104 Take-Over Bids and Issuer Bids .
The Company expects to fund the Stock RepurchaseProgram from existing cash and cash equivalents.
Femto’s Board of Directors and management believethat the market price of Femto’s stock does not reflect itsunderlying value. Accordingly, the Stock Repurchase Program allowsFemto to allocate capital in a manner that reduces its issued andoutstanding Subordinate Voting Shares andthereby enhances shareholder value.
About Femto Technologies Inc.
Femto Technologies Inc. (Nasdaq: FMTO) is a cutting-edge femtechcompany spearheading transformative advancements in wellnesstechnology. With a strong emphasis on AI-driven solutions, Femto isdedicated to innovating products that enhance well-being throughintelligent technology integration.
ABOUT SENSERA
Sensera is a feminine wellness device designed tobridge the gap between feminine pleasure and wellness, providing aholistic self-care experience that adapts to a woman’s changingneeds. Sensera utilizes Femto’s proprietary Smart Release System(SRS) technology, including machine learning and AI, to enhancefeminine wellness. Sensera is a CES Innovation Awards® 2025 Honoraryin the AI category.
For more information on Sensera, please visit www.senserawellness.com and followus on Instagram , , and .
MEDIA CONTACT
For product demonstration andmedia
Samantha Breen
Opportunity PR (for Sensera)
+1 949.290.2834
COMPANY CONTACT
Gabi Kabazo
Chief Financial Officer
Tel: (604) 833-6820
e?mail: ir@femtocorp.com
Cautionary NoteRegarding Forward-Looking Statements
This press release includes certain statements that maybe deemed “forward-looking statements” within the meaning ofSection 27A of the U.S. Securities Act of 1933, as amended, andSection 21E of the U.S. Securities Exchange Act of 1934, as amended,and under Canadian securities laws. When used in this press release,the words “may”, “would”, “could”, “will”,“intend”, “plan”, “anticipate”, “believe”,“estimate”, “expect” and similar expressions are intended toidentify forward?looking statements. Such statements are subject tocertain risks and uncertainties, and actual circumstances, events orresults may differ materially from those projected in suchforward-looking statements.
Although the Company believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performance,and actual events or developments may differ materially from those inforward-looking statements. Such forward-looking statementsnecessarily involve known and unknown risks and uncertainties, whichmay cause the Company’s actual performance and financial results infuture periods to differ materially from any projections of futureperformance or results expressed or implied by such forward-lookingstatements. Such statements reflect the Company's current views withrespect to future events and are subject to such risks anduncertainties. Many factors could cause actual results to differmaterially from the statements made, including future financialperformance, unanticipated regulatory requests and delays, finalpatents approval, and those factors discussed in filings made by thecompany with the Canadian securities regulatory authorities, including(without limitation) in the company's management's discussion andanalysis for the year ended December 31, 2024 and annual informationform dated March 31, 2025, which are available under the company'sprofile at www.sedarplus.ca, and in the Company’s Annual Report onForm 20-F for the year then ended that was filed with the U.S.Securities and Exchange Commission on March 31, 2025. Should one ormore of these factors occur, or should assumptions underlying theforward-looking statements prove incorrect, actual results may varymaterially from those described herein as intended, planned,anticipated, or expected. We do not intend and do not assume anyobligation to update these forward?looking statements, except asrequired by law. Any such forward-looking statements representmanagement's estimates as of the date of this press release. While wemay elect to update such forward-looking statements at some point inthe future, we disclaim any obligation to do so, even if subsequentevents cause our views to change. Shareholders are cautioned not toput undue reliance on such forward?looking statements.
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