GCL Announces $10 Million Share Repurchase Program

SINGAPORE, Aug. 28, 2026 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd. (Nasdaq: GCL) (“GCL” or the “Company”), a leading provider of games and entertainment, today announced that its Board of Directors has authorized a share repurchase program for up to $10 million of the Company’s ordinary shares over the next 12 months.

“This repurchase program reflects our confidence in the Company’s long-term growth prospects and our commitment to creating value for our shareholders,” said Sebastian Toke, Group CEO of GCL. “With our cash position and the underlying strength of our business, we believe this is an opportune time to invest in our own shares, while maintaining financial flexibility to execute on our growth strategy.”