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SRX Global declares $0.05 special dividend, $20M buyback authorization and ~$3.07 NAV

SRX Global announced a one-time $0.05 per-share cash dividend and a $20 million share repurchase authorization alongside preliminary NAV and cash metrics.Key Highlights:Original SEC Filing: SRX Global Inc. [ SRXH ] - 8-K - Jul. 10, 2026This is an AI-powered summary. It may contain inaccuracies. Con…

SRX Global announced a one-time $0.05 per-share cash dividend and a $20 million share repurchase authorization alongside preliminary NAV and cash metrics.

Key Highlights:

Board approved a one-time cash dividend of $0.05 per share, payable on or about Aug 3, 2026 to holders of record July 22, 2026.
Authorized Repurchase Plan: may buy up to 10 million shares (≈50% of outstanding) through July 7, 2027 with up to $20 million allocated.
May adopt Rule 10b5-1 trading plans to facilitate repurchases subject to market and plan constraints; timing not guaranteed.
Preliminary balance sheet: estimated NAV ~$3.07/share (~$60M), ~19.5M shares post 1-for-60 reverse split, no debt as of June 30, 2026.
Approximately $40M cash and >$15M short-term investments as of June 30, 2026; figures are preliminary and unaudited.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.