Solid Power, Inc. (SLDP), a developer of solid-state battery technology, Tuesday announced that its Board has authorized a stock repurchase program of up to $50 million.
The program is expected to close on December 31, 2025.
CEO of Solid Power said, "The program is the reflection of its strong cash position and commitment to creating shareholder value."
In the pre-market activity, Solid Power's stock is moving up 5.13 percent, to $1.23 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.