Joint Shares Rise After $5 Million Buyback Program

Dow Jones

06-05

By Chris Wack

Joint Corp. shares rose 17%, to $12.95, after the company said its board of directors has authorized a stock-repurchase program of up to $5 million.

The Scottsdale, Ariz., chiropractic-care company said Thursday that it expects the share buyback to begin in August.

The timing, number and amount of any repurchases will be determined by the company's finance committee of the board of directors at its discretion, said Joint. The stock-repurchase program has a termination date of June 3, 2027, and may be suspended or discontinued at any time, the company added.

Joint shares are down 17% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 05, 2025 10:45 ET (14:45 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock-repurchase program has a termination date of June 3, 2027, and may be suspended or discontinued at any time, the company added.Joint shares are down 17% in the past 12 months.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JYNT":"The Joint Corp.","BK4185":"保健护理机构"},"translate_title":"500万美元回购计划后联合股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JYNT":1},"content_text":"By Chris Wack \n\n\n \n\n\n  Joint Corp. shares rose 17%, to $12.95, after the company said its board of directors has authorized a stock-repurchase program of up to $5 million. \n\n\n  The Scottsdale, Ariz., chiropractic-care company said Thursday that it expects the share buyback to begin in August. \n\n\n  The timing, number and amount of any repurchases will be determined by the company's finance committee of the board of directors at its discretion, said Joint. The stock-repurchase program has a termination date of June 3, 2027, and may be suspended or discontinued at any time, the company added. \n\n\n  Joint shares are down 17% in the past 12 months. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 05, 2025 10:45 ET (14:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}