India, Oct. 20 -- AudioEye Inc. (AEYE), a digital accessibility company, Tuesday said its Board has authorized a share repurchase program of up to $15 million, expiring October 18, 2027. The company's shares rose more than 10% in pre-market trading.
AudioEye intends to fund the program with working capital and cash from operations.
The new authorization replaces the previous share repurchase program, which was scheduled to expire on January 24, 2027.
On the Nasdaq, AudioEye shares closed up 4.50% at $6.96 on Monday.
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