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Forge Global’s $10M Buyback Program Faces Risks Amid Inaction and Market Uncertainty

Forge Global’s $10M Buyback Program Faces Risks Amid Inaction and Market Uncertainty

Forge Global Holdings Inc. (FRGE) has disclosed a new risk, in the Share Price & Shareholder Rights category.

Forge Global Holdings Inc. faces a significant risk in its share repurchase program, approved by the board in March 2025 for up to $10 million, as no repurchases have yet been executed. The lack of action could undermine investor confidence and negatively impact the stock price, particularly since the program’s existence may have artificially inflated the stock’s value. Moreover, the program’s potential to reduce cash availability for essential business activities and the impact of the new U.S. federal 1% excise tax on repurchases could further strain operating results. The uncertainty surrounding market conditions and stock price fluctuations might prevent the intended long-term enhancement of stockholder value.

Overall, Wall Street has a Hold consensus rating on FRGE stock based on 2 Buys, 1 Sell and 2 Holds.

To learn more about Forge Global Holdings Inc.’s risk factors, click here.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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