Usio shares gain as it increases and extends share repurchase program
Press Room
Usio (NASDAQ:USIO) said on Wednesday that its board has authorized to renew the company’s share repurchase program for an additional 3 years or until funds are depleted, with an aggregate total purchase limit of $4M.
The original May 15, 2025 expiration date has been extended to May 15, 2028.
As of December 31, 2024, the company had unrestricted cash of approximately $8.1M.
The company had approximately 26.5M shares of common stock outstanding as of March 24, 2025.
Usio (USIO) shares were up more than 8% in extended trading.
