Gorilla Technology pauses share buybacks until earnings release

Gorilla Technology Group Inc. (NASDAQ: GRRR) announced it will pause its share repurchase program until after releasing its full year 2025 financial results in mid-March.

The company has repurchased approximately $10.4 million in shares under its $20 million buyback program, leaving $9.6 million in remaining capacity. Chief Executive Jay Chandan stated that since the board increased the program to $20 million in the fourth quarter of 2025, the company has bought back approximately $5.0 million worth of shares, representing about 354,000 shares.

Chandan noted that recent attempts to purchase additional shares could not be fulfilled due to limited market availability. "We have observed reduced liquidity in Gorilla shares, which we believe is increasingly driven by a shareholder base with a long-term orientation that is choosing to hold rather than sell at current levels," he said.

The company stated it maintained its cash position during the repurchases without compromising funding for committed projects or growth initiatives. Gorilla indicated it intends to resume buybacks after the earnings release if the share price continues to trade below what management considers the company's intrinsic value.

Gorilla Technology provides security intelligence, network intelligence, business intelligence and IoT technology solutions. The company serves government and public services, manufacturing, telecom, retail, transportation and logistics, healthcare and education sectors.

The London-based company expects to release abbreviated full year 2025 financial results in mid-March 2026, followed by its annual 20-F filing. The company will announce specific timing and conference call details at a later date.

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