07:52 AM EDT, 08/16/2024 (MT Newswires) -- Bowman Consulting Group ( BWMN ) said Friday its board of directors authorized an increase to its share repurchase program from $10 million to $25 million, of which $20.8 million remains available.

The company also extended the termination date of the repurchase program from Nov. 16, 2024 to Aug. 31, 2025.

Bowman's shares rose more than 7% in recent Friday premarket activity.