08:10 AM EDT, 06/05/2025 (MT Newswires) -- The Joint Corp. ( JYNT ) said Thursday its board has authorized a stock repurchase plan of up to $5 million, expected to begin in August.

The company said repurchases may occur through open market or private transactions subject to market and legal conditions.

The buyback authorization is set to expire on June 3, 2027 but may be suspended or ended earlier, Joint Corp. ( JYNT ) said.

Shares of the company were up nearly 7% in recent Thursday premarket activity.