Solutions Dynamics begins $550,000 share buyback

Solutions Dynamics (SDL) has announced the commencement of an on-market share buyback programme through the NZX, with a value of up to $550,000.

The company, which specialises in providing software solutions, said the decision to repurchase shares was driven by the belief that its share price does not accurately reflect the value of its business and assets.

The buyback programme, which will be conducted under the Companies Act and NZX listing rules, may last for up to 12 months or until a maximum of 735,990 shares – 5% of the shares on issue – have been acquired.

SDL's chair, John McMahon, who holds 10.87% of the company's shares, has indicated that he does not intend to sell any of his holdings during the buyback.

The company also provided an update on its second half of the 2025 financial year earnings, estimating a range of breakeven to a loss of $300,000.

It said the full-year result is expected to be between $2 million and $2.4m.

SDL will continue to assess market conditions and reserves the right to vary or terminate the buyback programme at any time.