Webull Announces $100m Share Buyback Program | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
On Tuesday, Nasdaq-listed brokerage Webull (NASDAQ: BULL) announced a share repurchase programme of up to $100 million, authorised by its board of directors.
The program is set to run over the next 12 months, as the trading platform looks to return capital to shareholders and optimise its capital structure.
Under the programme, Webull may buy back Class A ordinary shares through open market transactions at prevailing market prices, privately negotiated transactions, block trades, or other legally permissible means.
The timing and scale of repurchases will depend on market conditions, the company’s capital position, liquidity, financial performance, share price, and regulatory requirements. Webull said it plans to fund the buyback using existing cash and future cash flows.
Anthony Denier, Group President and US Chief Executive of Webull, stated that the announcement reflects the company’s “continued focus on optimizing our capital structure and delivering long-term value to our shareholders.”
H.C. Wang, Chief Financial Officer of Webull, added that the programme demonstrated the strength of the company’s balance sheet and its ability to return capital to shareholders whilst maintaining the flexibility to continue investing in growth priorities.
While Webull shares have been under pressure, the company has experienced strong growth, with record revenue of $571 million and record net deposits of $8.6 billion in 2025, representing a 46% and 91% increase, respectively.
Following news last week of the U.S. Securities and Exchange Commission’s approval of a major overhaul of the pattern day-trading rule, which ended the requirement for investors to hold at least $25,000 in a margin account to execute frequent trades, Webull shares rallied.