02:51 PM EDT, 08/22/2025 (MT Newswires) -- (Updates with recent share movement in the headline and first paragraph.)

Incannex Healthcare ( IXHL ) shares were up over 24% in recent Friday trading after the company said its board approved a $20 million share repurchase program.

The company said it may buy back shares through various methods, including open market purchases and private deals.

The timing and size of the repurchases will depend on market conditions, available funds, and other factors, it added.

Price: 0.57, Change: +0.11, Percent Change: +24.61