Rezolve AI Secures Shareholder Approval for Up to $300 Million Stock Buyback
Rezolve AI (RZLV) said Tuesday its shareholders have approved the capital reduction and buyback authority needed to launch a share buyback program of up to $300 million.The share buyback program remains subject to standard UK court approval, which is expected by mid-September.Rezolve AI reaffirmed fiscal 2026 revenue guidance of about $360 million and said it expects to exit 2026 with at least $500 million in annual recurring revenue.Analysts polled by FactSet expect 2026 revenue of $351.1 million.Rezolve AI shares were 10% higher in Tuesday tradingPrice: $2.86, Change: $+0.26, Percent Change: +10.00%