|8-KFeb 2, 8:30 AM ET

TruGolf Holdings, Inc. 8-K

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TruGolf Holdings Announces Repurchase of 249,000 Shares

What Happened
TruGolf Holdings, Inc. (TRUG) filed an 8‑K (Item 8.01) on February 2, 2026, reporting that as of January 31, 2026 the company repurchased 249,000 shares of its Class A common stock under its previously announced $2.0 million stock repurchase program. The shares were bought at an average price of $0.8535 per share, inclusive of fees and commissions.

Key Details

  • Repurchased shares: 249,000 Class A common shares (as of January 31, 2026).
  • Average purchase price: $0.8535 per share (including fees and commissions).
  • Approximate cash spent on repurchases: ~$212,522 (249,000 × $0.8535).
  • Remaining authorization: Approximately $1.78 million available under the $2.0 million program.

Why It Matters
A stock repurchase reduces the number of shares outstanding, which can modestly boost per-share metrics (like EPS) and signals the company is using cash to buy back equity. For investors, the repurchase amount is small relative to the $2.0 million authorization (about $0.21M spent so far), leaving significant capacity for future buybacks. This filing does not provide information on other financial results or changes to management.