08:49 AM EDT, 09/09/2025 (MT Newswires) -- SharpLink Gaming ( SBET ) said Tuesday that it has begun to use its share buyback program.

The company said it will begin the share repurchase program by buying back 939,000 shares of its common stock at an average price of $15.98.

SharpLink said it expects to repurchase additional shares based on market conditions using cash on hand, cash available from operating activities, or other financing.

Shares of the company were up nearly 4% in recent Tuesday premarket activity.