AudioEye announced its Board of Directors has approved a new stock repurchase program, authorizing the company to buy back up to $15.0 million of its outstanding common stock. This new program is set to expire on October 18, 2027.
Key Details
- Authorization Amount: Up to $15.0 million of outstanding common stock.
- Program Timeline: The program was approved on October 20, 2026, and expires on October 18, 2027.
- Program Details: This new authorization replaces a previous share repurchase program from January 2025. The company plans to fund the repurchases using working capital and cash from operations.