Azenta (AZTA) said Wednesday its board approved a stock buyback program of up to $250 million that will run through Dec. 31, 2028, unless extended or ended earlier.

The company said the repurchases may occur in the open market, through private deals, or by other permitted methods.

Shares of the company were up 6.7% in recent trading.

Price: 37.99, Change: +2.39, Percent Change: +6.71