DHX - DHI Group jumps 23% on extending share buyback by additional $12M

DHI Group (DHX) stock rallies 23% during after market as Board of Directors authorizes a stock repurchase program that permits the additional purchase of up to $12M increasing the overall share buyback program to $20MIn February 2021, company announced the purchase of $8M of its common stock and, under the plan, the Company has purchased ~$1.3M million of its stock to date. With this additional authorization, the company now has $18.7M of buyback capacity.New authorization will be in effect through June 2022.The company has a market cap of $139.1M and the share price has scaled about 48% over the last six months.A quick look at the price movement here.

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DHI Group jumps 23% on extending share buyback by additional $12M