The Joint Corp. Approves $5 Mln Stock Buyback Program To Boost Shareholder Value

From Nasdaq: 2025-06-05 19:41:00

The Joint Corp. (JYNT) has approved a stock repurchase program starting in August 2025, allowing the company to buy back up to $5 million of its outstanding common shares. CEO Sanjiv Razdan stated that the buyback reflects confidence in the company’s long-term strategy and cash flow prospects. Repurchases may occur through open market or private transactions, subject to securities laws, market conditions, and board discretion. The program is set to end by June 3, 2027, and does not obligate the company to buy a specific amount. JYNT closed at $12.31 on Thursday, up 10.80%.

Source: RTTNews



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