The Joint Corp. (NASDAQ: JYNT) announced an additional $12 million for its stock repurchase program to reignite growth and increase profitability. The first $5 million tranche resulted in the buyback of 540,000 shares between August and October. Repurchases may be made in open market transactions or privately negotiated. The company’s franchise model and growth opportunity are not fully recognized in the current share price. The Joint Corp. is the nation’s largest provider of chiropractic care through The Joint Chiropractic network, with over 950 locations nationwide and more than 14 million patient visits annually.

Read more at GlobeNewswire: The Joint Corp. Board of Directors Authorizes an Additional