Shift4 Payments, Inc. (NYSE: FOUR) saw its stock surge 5.72% in pre-market trading on Thursday following the release of its third-quarter 2025 financial results and the announcement of a new $1 billion stock repurchase program.

The integrated payments and commerce technology leader reported strong Q3 performance, with adjusted earnings per share of $1.47, surpassing analysts' expectations of $1.44. The company's gross revenue reached $1.18 billion, while adjusted EBITDA came in at $292.1 million. Shift4's net income for the quarter stood at $33.4 million, with adjusted net income reaching $148.4 million.

Adding to investor enthusiasm, Shift4's board of directors authorized a new $1 billion stock repurchase program, signaling confidence in the company's financial position and future prospects. This move is likely to be well-received by shareholders, as it demonstrates the company's commitment to returning value to investors while potentially supporting the stock price.