On March 17, 2026, Jet.AI Inc. (Nasdaq: JTAI) announced that its Board of Directors has approved a share repurchase program allowing the company to buy back up to $5 million of its common stock. This decision comes after the completion of significant milestones for their Midwestern and Maritime hyperscale data center campuses operated by their joint venture, Convergence Compute LLC. The repurchase program is designed to enhance shareholder value by allowing the company to repurchase shares when the market price is deemed to undervalue the intrinsic value of the company. The program will be executed through various methods, including open market purchases and privately negotiated transactions, and is subject to market conditions. The company emphasized that the program does not obligate them to acquire any specific number of shares and can be modified or suspended at any time. This strategic move reflects Jet.AI's commitment to disciplined capital allocation and confidence in its long-term business value.

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