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Arrive AI Inc. ( (ARAI) ) has issued an update.
On September 8, 2025, Arrive AI Inc. announced a share repurchase program approved by its Board of Directors, allowing the company to buy back up to $10 million of its common stock by March 31, 2026. This move reflects the Board’s belief that the company’s stock is undervalued and aims to enhance shareholder value by being opportunistic in favorable market conditions. The program’s execution will depend on various factors, including market conditions and alternative uses of capital.
More about Arrive AI Inc.
Arrive AI is a company specializing in autonomous last-mile delivery solutions. Their patented Autonomous Last Mile (ALM) platform facilitates secure and efficient deliveries using drones, ground robots, or human couriers. The platform integrates with smart home devices to enhance the delivery experience, providing real-time tracking and smart logistics alerts.
Average Trading Volume: 363,563
Current Market Cap: $119.2M
For an in-depth examination of ARAI stock, go to TipRanks’ Overview page.