Shares of Rezolve AI PLC (RZLV) are climbing about 17 percent on Friday morning after the company announced that its board plans to seek authority to approve a capital reduction and a repurchase program to buy back upto $300 million of ordinary shares.
The company's shares are currently trading at $2.955 on the Nasdaq, gaining 16.58 percent in the latest session. The stock opened at $2.75 and touched an intraday high of $2.94. Over the past 12 months, the shares have traded between $1.92 and $8.45.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.