PALO ALTO, CA — October 16, 2025 — Leads & Copy — Cloudastructure, Inc. (Nasdaq: CSAI) has announced that its Board of Directors has authorized a share repurchase program, allowing the Company to repurchase up to $5 million of its outstanding shares of common stock in the open market. The decision to repurchase shares, as well as the timing, will depend on the Company’s capital needs, market conditions, the price of the common stock, and other corporate considerations.
James McCormick, Chief Executive Officer, stated that the share repurchase program shows the Board’s confidence in the Company’s long-term outlook and commitment to creating value for shareholders. He also noted the company’s strong balance sheet and sales performance.
The repurchase program may be suspended or discontinued at any time. Cloudastructure’s platform utilizes a cloud-based architecture that features cloud video surveillance with proprietary AI/ML analytics and a remote guarding solution.
Kathleen Hannon, Sr. Communications Director at Cloudastructure, can be reached at Kathleen@cloudastructure.com or (704) 574-3732.
Source: Cloudastructure
