LiveRamp Holdings, Inc. (RAMP) saw its stock price surge 7.28% during pre-market trading on Thursday.
The significant pre-market gain follows the company's announcement that it has extended the expiration of its share repurchase authorization to December 2027 and added $200 million to the program. Share repurchase initiatives are often viewed positively by the market as they can enhance shareholder value and signal management's confidence in the company's financial health and future prospects.
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