IGI's Share Repurchase Program Boosts Stock
Update: 2025-11-05
Description
**Summary:**IGI's stock surges by 4.5% in pre-market trading following the announcement of a new share repurchase program, authorizing the buyback of up to five million common shares. This move, replacing a previously utilized program, is expected to reduce outstanding shares, potentially increasing earnings per share and signaling management's confidence in the company's financial health and future prospects.
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