SES AI Powers Up Investor Confidence with $30M Share Buyback Plan

SES AI Corporation (NYSE: SES), a global leader in next-generation lithium-metal battery technology, has announced a $30 million share repurchase authorization, signaling strong confidence in the company’s long-term value and financial health. This shareholder-friendly move, approved by the company’s Board of Directors, allows SES AI to buy back shares over time through open market transactions, privately negotiated deals, or other methods as permitted under SEC regulations.

The launch of this repurchase program underscores SES AI’s robust cash position and its strategic shift from R&D to commercial readiness for electric vehicle (EV) battery manufacturing. Having recently made strides in commercializing its cutting-edge lithium-metal battery technology, SES is now focusing on scaling production and deepening partnerships with global automotive giants.

CEO Qichao Hu emphasized that the buyback reflects their belief in SES AI’s intrinsic value and the transformational potential of their technology. With a growing emphasis on EV innovation and energy storage solutions, SES AI’s repurchase plan could serve as a bullish signal to investors navigating a volatile market.

This buyback initiative is expected to create long-term shareholder value while reinforcing SES AI’s commitment to sustainable growth and financial discipline.