08:20 AM EDT, 04/04/2025 (MT Newswires) -- OPKO Health ( OPK ) said Friday its board has authorized a $100 million increase to its share buyback program, bringing it to a total of $200 million.

About $41 million of stock has already been repurchased under the existing program, the biopharmaceutical company said.

OPKO Health ( OPK ) said it expects to fund the repurchase program from existing cash, cash equivalents, and future cash flows.