06:33 AM EDT, 09/05/2025 (MT Newswires) -- eGain (EGAN) said Thursday that its board of directors approved a $20 million increase in its stock repurchase program.

This brings the company's total share repurchase capacity to $60 million of its outstanding common stock from $40 million.

eGain said it has already repurchased about $39.8 million of its common shares under the program.

The board also approved an extension of the program until the share repurchase capacity is fully met, or it decides to terminate the program.

The company said it will fund the program using existing cash or future cash flows.