MARKET WIRE NEWS

TruGolf Stock Repurchase Activity

MWN-AI** Summary

TruGolf Holdings Inc. (NASDAQ: TRUG) has announced the successful repurchase of 423,402 shares of its Class A common stock, utilizing approximately $1.33 million of its $2 million stock repurchase program. Shares were acquired at an average price of $0.7552, which includes fees and commissions, leaving around $1.67 million still available in the program. This initiative was highlighted by CEO Chris Jones following the company's positive performance at the January PGA show, where it showcased an updated product lineup that the company believes will drive future growth.

As TruGolf prepares to release its 2025 financial results in March 2026, the company has emphasized optimism regarding its prospects, and the repurchase activity signals confidence in its valuation amidst ongoing market dynamics. The company’s approach aligns with its mission to enhance the accessibility of golf through innovative technology solutions, a theme evident since its inception in 1983.

TruGolf’s ongoing endeavors focus not only on hardware but also innovative software, including their acclaimed video games and new e-sports platform. These efforts reflect TruGolf’s dedication to evolving golf technology and enhancing player engagement.

Investors and stakeholders are reminded that this announcement contains forward-looking statements regarding the company’s future performance and expectations. Such statements involve various uncertainties and risks, and while management believes these expectations are reasonable, they may not materialize as anticipated. The company disclaims any obligation to update these forward-looking statements post-announcement. For deeper insights into potential risks, stakeholders are encouraged to review TruGolf’s detailed risk factors as outlined in its SEC filings.

In conclusion, TruGolf’s stock repurchase program is a strategic move aimed at affirming the company’s commitment to enhancing shareholder value while it looks to the future with optimism.

MWN-AI** Analysis

TruGolf Holdings Inc. (NASDAQ: TRUG) has recently executed a notable stock repurchase, acquiring 423,402 shares for an average price of $0.7552 per share under its $2 million repurchase program. With approximately $1.67 million remaining in the program, this active share buyback reflects management's confidence in the company's future prospects, especially after a positive showing at January's PGA show.

From a market analysis perspective, this repurchase activity may signal several key points for investors. Firstly, buying back shares can be seen as a way to enhance shareholder value. By reducing the number of shares outstanding, TruGolf can potentially increase earnings per share (EPS), thereby making the stock more attractive to existing and prospective investors. This is particularly important in a competitive industry like golf technologies, where brand loyalty and market presence are crucial.

Moreover, the leadership's optimism about its revamped product lineup indicates that TruGolf is not only prepared to capitalize on emerging market trends but is also focused on sustainable growth. The company’s continuous innovation in indoor golf solutions positions it favorably to harness both consumer interest and technological advancements.

However, investors should be mindful of the forward-looking statements and inherent risks outlined by the company. While the current repurchase activity is encouraging, uncertainties can vary from market fluctuations to product reception, especially in a fast-evolving sector.

For potential investors, monitoring the impending release of TruGolf's 2025 results in March 2026 will be critical. These results could provide further insight into the company's financial health and strategic direction moving forward. Until then, current investors may view this repurchase as a reason to maintain or consolidate their positions, while new investors should weigh both the opportunities and risks associated with this growing brand in the golf technology market.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SALT LAKE CITY, UT, Feb. 10, 2026 (GLOBE NEWSWIRE) -- TruGolf Holdings Inc. (NASDAQ: TRUG) today announced an update on its stock repurchase activity. The Company has repurchased 423,402 shares of its Class A common stock under its previously announced $2 million stock repurchase program. The shares were purchased at an average price of $0.7552 per share, including all fees and commissions. Approximately $1.67 million remains available under the repurchase program.

“Following our strong showing at January’s PGA show, the Company remains optimistic about its future prospects and the potential of its revamped product lineup.” said Chris Jones, Chief Executive Officer of TruGolf.

TruGolf expects to issue its 2025 results in March, 2026.

Disclaimer on Forward Looking Statements

This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC's website, www.sec.gov

About TruGolf:

Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf's mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology - because TruGolf believes Golf is for Everyone. TruGolf's team has built award-winning video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf's beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

Contact:
Michael Bacal
mbacal@darrowir.com
917-886-9071


FAQ**

How does TruGolf Holdings Inc. (TRUG) plan to utilize the remaining $1.67 million in its stock repurchase program to enhance shareholder value moving forward?

TruGolf Holdings Inc. (TRUG) plans to utilize the remaining $1.67 million in its stock repurchase program to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and potentially boosting stock prices.

Can TruGolf Holdings Inc. (TRUG) provide insights on how the strong showing at January's PGA show might influence future sales and performance in their revamped product lineup?

TruGolf Holdings Inc. (TRUG)'s strong performance at January's PGA show could positively influence future sales and performance by enhancing brand visibility, attracting new customers, and generating interest in their revamped product lineup, ultimately driving growth.

What specific uncertainties or risks does TruGolf Holdings Inc. (TRUG) anticipate that could affect the accuracy of their forward-looking statements in the upcoming 2025 results?

TruGolf Holdings Inc. (TRUG) anticipates uncertainties related to market conditions, competition, regulatory changes, technology advancements, supply chain disruptions, and potential economic downturns that could affect the accuracy of their forward-looking statements for 2025 results.

How has the company’s mission to make golf more available, approachable, and affordable through technology influenced the strategic direction at TruGolf Holdings Inc. (TRUG)?

TruGolf Holdings Inc. (TRUG) has aligned its strategic direction to focus on innovative golfing technologies and accessible products, aiming to enhance user experience, broaden market reach, and reduce costs, thereby fulfilling its mission to democratize golf for all.

**MWN-AI FAQ is based on asking OpenAI questions about TruGolf Holdings Inc. (NASDAQ: TRUG).

TruGolf Holdings Inc.

NASDAQ: TRUG

TRUG Trading

-3.51% G/L:

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TRUG Latest News

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TruGolf Stock Repurchase Activity

TRUG Stock Data

$4,329,172
4,657,906
0.05%
4
N/A
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