VerifyMe board approves $500K share repurchase plan and reduces director compensation by 50%

VerifyMe, Inc.

Board authorized repurchase of up to $500,000 in common stock through December 31, 2024.
Annual director equity retainer reduced by 50% starting after the 2024 shareholder meeting.
Committee chair and Lead Independent Director compensation also cut by 50%.
Board members did not receive compensation for first five months of 2023.
Board members participated in VerifyMe's last two capital raises and continue open-market purchases.

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