GOLD increases share buyback program to 2 million shares
Gold.com, Inc. (NYSE: GOLD) announced its board of directors has authorized an increase in the company's share repurchase program. The precious metals platform can now repurchase up to 2,000,000 shares of its outstanding common stock, in addition to the 1,321,003 shares already repurchased under the program as of March 31, 2026.
"The increased repurchase authorization reflects our board's confidence in the underlying strength of our business and our ability to generate long-term value," said Gold.com CEO Greg Roberts. "We will continue to deploy capital thoughtfully, balancing strategic investment with opportunities to return capital to our shareholders."
The company stated that the actual number of shares repurchased and timing of repurchases will be determined by management based on factors including stock price, trading volume, general market conditions, and working capital requirements. The stock repurchase program may be modified, suspended, or terminated at any time.
Repurchases may be made through open market purchases or privately negotiated transactions, including repurchase plans that satisfy Rule 10b5-1 conditions of the Securities Exchange Act of 1934.
Gold.com operates as a precious metals and collectibles platform, offering gold, silver, platinum, and palladium products along with rare coins and currency. The company's brands include JMBullion.com, Stack's Bowers Galleries, GovMint.com, Monex Precious Metals, and Goldline. The company is headquartered in Costa Mesa, California, and has operations across the United States, Canada, the United Kingdom, Europe, Hong Kong, and Singapore.
