Joint Corp. announces $5M stock repurchase program

The Joint Corp. (JYNT) announced that its board of directors has authorized a stock repurchase program expected to begin in August 2025 under which the company may repurchase up to $5 million of its outstanding common stock. “The stock buyback reflects the board’s confidence in our long-term strategy, refranchising program and our projected cash flow generation,” said Sanjiv Razdan, chief executive officer, president and director of The Joint Corp. “We believe our franchise model and long-term valuation are not yet fully recognized in our current stock price. This stock repurchase program underscores our commitment to disciplined capital allocation and delivering value to our stockholders.”