CorMedix (CRMD) said its board approved a stock repurchase program of up to $75 million.
The buyback, which may begin as early as Q1, is authorized through Dec. 31, 2027, the company said Monday in a statement.
CorMedix shares rose 6.6% in Monday trading.
Price: 8.28, Change: +0.52, Percent Change: +6.64