Helio Corporation Takes Strategic Step to Support Shareholder Value Through Share Repurchase Program
BERKELEY, CA / ACCESS Newswire / June 11, 2026 / Helio Corporation (OTCID:HLEO) ("Helio" or the "Company"), a developer of advanced space power and engineering solutions supporting next-generation space infrastructure, today announced that its Board …
BERKELEY, CA / ACCESS Newswire / June 11, 2026 / Helio Corporation (OTCID:HLEO) ("Helio" or the "Company"), a developer of advanced space power and engineering solutions supporting next-generation space infrastructure, today announced that its Board of Directors has announced a share repurchase program of up to 250,000 shares of the Company's common stock.
The share repurchase program reflects the Board's confidence in the underlying value of Helio's business and long-term growth strategy. The Board believes the program represents a prudent use of capital that provides additional flexibility to manage the Company's capital structure while supporting its strategic initiatives during a pivotal phase of growth.
"We believe this share repurchase program underscores the Board's confidence in Helio's long-term prospects and our ability to execute on the opportunities ahead," said Ed Cabrera, Chairman and Chief Executive Officer of Helio Corporation. "As we continue to advance our strategic objectives, including strengthening our capital foundation and enhancing our market presence, we remain committed to disciplined capital allocation and creating sustainable long-term value for our shareholders."
The Company believes the repurchase program may help mitigate periods of market volatility and contribute to a more orderly trading environment for the Company's common stock. However, the Company does not intend the program to influence the market price of its securities, and there can be no assurance regarding the effect of any repurchases on the trading price of the Company's common stock.
Under the share repurchase program, the Company may, from time to time and at its discretion, repurchase shares of its common stock through open market transactions, privately negotiated transactions, accelerated share repurchase programs, or other methods permitted under applicable securities laws and regulations. The timing, price, and actual amount of any repurchases will be determined by management based on a variety of factors, including market conditions, trading prices, capital availability, regulatory requirements, corporate considerations, and management's assessment of the best interests of the Company and its shareholders. The authorization does not obligate the Company to repurchase any specific number of shares and may be modified, suspended, or terminated at any time at the discretion of the Board of Directors or management, subject to applicable laws, regulations, and market conditions.

