Galaxy Gaming, Inc. Announces $4.0M Share Repurchase Program

What Happened

• Galaxy Gaming, Inc. announced on July 22, 2026 that its Board of Directors authorized a share repurchase (stock buyback) program allowing the company to repurchase up to $4.0 million of its outstanding common stock, effective immediately.
• The Board also approved a written Rule 10b5-1 repurchase plan. Repurchases may occur via open market purchases, privately negotiated transactions, or under the 10b5-1 plan and will be conducted in accordance with Rule 10b-18.

Key Details

• Repurchase authorization: up to $4.0 million of common stock.
• Effective date: July 22, 2026.
• Methods: open market, privately negotiated transactions, or a Rule 10b5-1 trading plan; timing and amounts depend on market conditions and plan constraints.
• This program supersedes the prior authorization to repurchase up to $750,000, under which no shares had been repurchased as of July 22, 2026.

Why It Matters

• A board-authorized buyback can reduce the number of shares outstanding, which may support earnings per share and return capital to shareholders.
• The larger $4.0M authorization (versus the prior $750k) gives the company more flexibility to repurchase stock when management believes market conditions are favorable.
• Repurchases conducted under a Rule 10b5-1 plan and Rule 10b-18 framework aim to provide a structured, compliant approach to timing and execution, which can help avoid concerns about trading on material nonpublic information.