India, June 5 -- The Joint Corp. (JYNT), has announced a $5 million stock repurchase program, authorized by its board of directors. The program is expected to begin in August 2025 and may continue through June 3, 2027, unless suspended or terminated earlier.
The company said the buyback reflects strong confidence in its long-term strategy, refranchising efforts, and cash flow generation.
CEO Sanjiv Razdan emphasized that the stock may be undervalued relative to its growth potential and franchise model.
Repurchases may be made via open market transactions, private deals, or other methods, and will be guided by market conditions and legal requirements.
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