By Grace Yoon
Rezolve Ai may repurchase up to $300 million in shares.
Shares were up 14% to $2.97 on Tuesday.
The AI-powered commerce company said shareholders authorized the buyback program, giving the board flexibility to buy back ordinary shares following standard U.K. Court approval.
The company expects court approval by mid-September.
Chief Executive Daniel Wagner said the buyback will allow Rezolve to lead the transition from search-based digital commerce to AI-led, agentic commerce.
Rezolve affirmed its fiscal 2026 revenue guidance.
Write to Grace Yoon at grace.yoon@wsj.com