Item 7.01. Regulation FD Disclosure.
On January 12, 2023, Cleartronic, Inc. (the "Company") issued a press release
announcing that its Board of Directors approved a stock repurchase program
pursuant to which the Company may repurchase shares of its outstanding common
stock based on market conditions and other factors and in accordance with all
applicable securities laws and regulations, including Rule 10b-18 promulgated
under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The
extent to which the Company repurchases its shares, and the timing of such
repurchases, will depend upon a variety of factors, including market conditions,
regulatory requirements and other corporate considerations, as determined by the
Company's management. The repurchase program may be extended, suspended, or
discontinued at any time. The Company expects to finance the program from
existing cash resources.
The press release is furnished herewith as Exhibit 99.1 and is incorporated by
reference herein. The information contained in the press release is being
furnished and shall not be deemed filed for purposes of Section 18 of the
Exchange Act, or otherwise subject to the liability of that Section, and shall
not be incorporated by reference into any registration statement or other
document filed under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such
filing.
Item 8.01. Other Events.
On January 6, 2023, the Company's Board of Directors approved a stock repurchase
program. The information set forth under Item 7.01 above regarding the stock
repurchase program is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number Description
99.1 Press release issued by the registrant on January 12, 2023.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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