Is Cycurion obligated to repurchase shares under this authorization?

No. The authorization is explicitly structured as a discretionary ceiling, not a commitment. The Company may modify, suspend, or terminate the program at any time, and no repurchase may occur without prior CFO approval, which may be withheld based on liquidity, cash needs, financing restrictions, or other financial considerations.

How much capital is authorized for this program?

The Board has authorized up to $500,000 for share repurchases over the next 12 months. This amount does not obligate the Company to repurchase any specific number of shares and will be evaluated on a purchase-by-purchase basis.

What methods will be used to repurchase shares?

Cycurion may repurchase shares through open-market transactions or other lawful methods, subject to market conditions and applicable securities laws including Section 160 of the Delaware General Corporation Law. Repurchases may also be made pursuant to a plan established in advance, potentially including a Rule 10b5-1 trading plan, though the filing does not specify the mechanism.

Why is the Board authorizing this repurchase now?

CEO L. Kevin Kelly stated that the Board believes Cycurion is meaningfully undervalued relative to its business trajectory. The authorization follows the recent closing of the Kustom Entertainment acquisition (expected to contribute $5+ million in annual revenue and $1.2+ million in EBITDA), the Secuvant acquisition, and a $54.6 million contract, which together are expected to increase annualized revenue to approximately $30 million.

How will the repurchase program affect the Company's liquidity and operations?

The discretionary structure and CFO-approval requirement ensure that repurchases will not compromise liquidity, integration priorities, or operating needs. The Board has emphasized that capital allocation remains flexible and subordinate to acquisition integration and operational growth initiatives.

Will Cycurion publicly report on repurchase activity?

Yes. The Company will report all repurchase activity under the program in its periodic reports filed with the Securities and Exchange Commission, allowing investors to track execution over time.

CYCUW 8-K/A Filed 2026-08-19 New authorization

Cycurion authorizes $500K share repurchase program

Board approval cites meaningful undervaluation; discretionary program to operate over next 12 months with CFO oversight.

Authorization$500K

MechanismOpen-market transactions or ot

What the filing says

Cycurion, Inc. announced on August 17, 2026, that its Board of Directors has authorized a share repurchase program of up to $500,000 over the next 12 months. The Company may repurchase shares of its common stock from time to time through open-market transactions or other lawful methods, subject to market conditions and applicable securities laws.

The program is structured as a discretionary ceiling rather than a commitment. No repurchase may be effected without prior approval from the Chief Financial Officer, who may withhold approval based on liquidity, projected cash requirements, financing restrictions, or other financial considerations. The authorization does not obligate the Company to repurchase any specific number or dollar amount of shares and may be modified, suspended, or terminated at any time.

Chairman and Chief Executive Officer L. Kevin Kelly stated that the Board believes Cycurion is "meaningfully undervalued relative to the business we have built and the trajectory we are on." The timing follows recent acquisitions (Kustom Entertainment video solutions and Secuvant, LLC) and a $54.6 million contract, which together are expected to increase annualized revenue to approximately $30 million. Repurchases will be conducted in accordance with applicable securities laws and Delaware law, with activity reported in periodic SEC filings.

Cycurion, Inc. (NASDAQ: CYCU) ("Cycurion" or the "Company"), a provider of cybersecurity, public safety technology, and managed services solutions, today announced that its Board of Directors has authorized a share repurchase program of up to $500,000 over the next 12 months. — Cycurion, Inc. 8-K/A filing · View on SEC EDGAR →

What this means

Cycurion's $500,000 authorization is a modest share-repurchase program relative to the company's scale, reflecting management's conviction in undervaluation while preserving financial flexibility during an active acquisition and integration phase. The discretionary structure—with CFO-level approval required for each repurchase—signals that capital allocation priorities remain fluid and subordinate to operational needs, integration, and liquidity preservation. The timing follows recent M&A activity and contract awards expected to drive the company toward a $30 million annualized revenue run rate. The program does not constitute a commitment to repurchase shares, and execution will depend on market conditions and financial circumstances.

Frequently asked questions

Is Cycurion obligated to repurchase shares under this authorization?: No. The authorization is explicitly structured as a discretionary ceiling, not a commitment. The Company may modify, suspend, or terminate the program at any time, and no repurchase may occur without prior CFO approval, which may be withheld based on liquidity, cash needs, financing restrictions, or other financial considerations.
How much capital is authorized for this program?: The Board has authorized up to $500,000 for share repurchases over the next 12 months. This amount does not obligate the Company to repurchase any specific number of shares and will be evaluated on a purchase-by-purchase basis.
What methods will be used to repurchase shares?: Cycurion may repurchase shares through open-market transactions or other lawful methods, subject to market conditions and applicable securities laws including Section 160 of the Delaware General Corporation Law. Repurchases may also be made pursuant to a plan established in advance, potentially including a Rule 10b5-1 trading plan, though the filing does not specify the mechanism.
Why is the Board authorizing this repurchase now?: CEO L. Kevin Kelly stated that the Board believes Cycurion is meaningfully undervalued relative to its business trajectory. The authorization follows the recent closing of the Kustom Entertainment acquisition (expected to contribute $5+ million in annual revenue and $1.2+ million in EBITDA), the Secuvant acquisition, and a $54.6 million contract, which together are expected to increase annualized revenue to approximately $30 million.
How will the repurchase program affect the Company's liquidity and operations?: The discretionary structure and CFO-approval requirement ensure that repurchases will not compromise liquidity, integration priorities, or operating needs. The Board has emphasized that capital allocation remains flexible and subordinate to acquisition integration and operational growth initiatives.
Will Cycurion publicly report on repurchase activity?: Yes. The Company will report all repurchase activity under the program in its periodic reports filed with the Securities and Exchange Commission, allowing investors to track execution over time.

authorization open-market small-cap cybersecurity discretionary-program CFO-approval

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.