New York, February 11, 2026, 18:40 EST — After-hours
- Classover shares were up about 23% in extended trading.
- Board approved a program to repurchase up to $2 million of Class B common stock.
- Company said purchases are optional and can be paused or stopped at any time.
Classover Holdings, Inc. shares rose in after-hours trading on Wednesday after the company disclosed a $2 million share repurchase program, a rare capital-return move for a microcap whose stock trades in pennies.
The announcement matters because buybacks can tighten a small company’s share count quickly, even when the dollar amount looks modest. It also lands amid heavy retail-style swings in thinly priced stocks, where relatively small orders can move the tape.
In a filing, Classover said its board authorized the repurchase of up to $2 million of its Class B common stock. The company said it may buy shares in the open market, in block trades or in privately negotiated deals, and stressed the plan does not require it to repurchase any set amount. (SEC)
The filing also flagged Rule 10b-18, an SEC rule that provides a “safe harbor” framework for companies buying back their own shares, if they meet certain conditions. (SEC)
Classover shares last traded at $0.186, up about 23% from the prior close. Volume topped 495 million shares, according to market data, after the stock swung between $0.17 and $0.3716 during the day.
In its press release, the company said it expects to fund any repurchases through existing cash and future operating cash flow. It said bought-back shares would be held as treasury stock — shares the company keeps rather than leaving in public hands — or cancelled. (Classover)
“Following our recent fiscal milestones, we believe the current market valuation does not fully reflect Classover’s operational progress,” Chief Executive Officer Luo Hui said in the release, adding the company wanted flexibility to keep investing while returning value to shareholders. (Classover)
Traders will be watching for signs the program turns into actual buying, and whether the company updates investors on timing, pace and any limits tied to liquidity. The warrants, which trade under the symbol KIDZW, can add another layer of volatility when the common stock is moving fast.
There is a clear catch: the company can slow, suspend or end the program, and the filing said future repurchases depend on factors including cash generation, investment needs, the stock price and market conditions. (SEC)
Beyond the buyback, investors are also looking for the next quarterly results and any guidance on cash use. Market Chameleon estimates Classover could report between Feb. 25 and Feb. 27, based on past patterns, though the company has not set a date. (Market Chameleon)
