Key Takeaways
- Gorilla Technology Group Inc. has executed share repurchases totaling $5.0 million since the Board increased the share repurchase programme to $20 million in the fourth quarter of 2025.
- The Company has repurchased approximately 354,000 shares, leaving $9.6 million of remaining capacity under the programme.
- Gorilla expects to release its Full Year 2025 financial results in mid-March 2026 and will pause share repurchases until then.
- The Company remains confident in its ability to deliver value to shareholders and will continue to execute its strategy for the benefit of long-term focused shareholders.
- Gorilla is entering 2026 from a position of strength with contracted projects, a resilient capital structure, and a robust pipeline.
Introduction to the Share Repurchase Programme
Gorilla Technology Group Inc., a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, has provided an update on its share repurchase programme. The programme was increased to $20 million in the fourth quarter of 2025, and since then, the Company has repurchased approximately $5.0 million of shares, representing around 354,000 shares. This brings the total repurchased shares under the programme to $10.4 million, leaving $9.6 million of remaining capacity.
Execution of Share Repurchases
The share repurchases were executed while maintaining a strong cash position and without compromising funding for committed projects, growth initiatives, or operating requirements. However, the Company has observed reduced liquidity in its shares, which it believes is driven by a shareholder base with a long-term orientation that is choosing to hold rather than sell at current levels. As a result, certain orders could not be fulfilled due to limited availability in the market. The Company will pause repurchases until after the release of its Full Year 2025 financial statements, at which time it intends to resume repurchases if the share price continues to fail to fairly reflect the intrinsic value of Gorilla.
Upcoming Earnings Release
Gorilla expects to release its abbreviated Full Year 2025 financial results in mid-March 2026, followed later by its annual 20-F filing. The exact date and dial-in information for the earnings call will be announced in due course. The Company remains fully funded for its growth initiatives and will continue to allocate capital with discipline and with a single objective of protecting and compounding value for its shareholders.
Company Overview
Gorilla Technology Group Inc. is headquartered in London, U.K., and provides a wide range of solutions, including Smart City, Network, Video, Security Convergence, and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education. The Company’s expertise lies in revolutionizing urban operations, bolstering security, and enhancing resilience. It delivers pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies.
Forward-Looking Statements
The press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding Gorilla’s beliefs about future revenues, its ability to attract the attention of customers and investors alike, and its ability to win additional projects and execute definitive contracts related thereto. However, these statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
Conclusion
Gorilla Technology Group Inc. is entering 2026 from a position of strength with contracted projects, a resilient capital structure, and a robust pipeline. The Company remains confident in its ability to deliver value to shareholders and will continue to execute its strategy for the benefit of long-term focused shareholders. With its strong foundation and commitment to innovation, Gorilla is well-positioned for future growth and success.