Why Yext Shares Are Trading Higher After Hours

Yext Inc YEXT shares are trading higher in Monday's after-hours session after the company announced a buyback.

Yext's board approved a share repurchase program, which authorizes the company to repurchase up to $100 million of its common stock.

Yext provides a knowledge engine platform that lets businesses manage digital knowledge in the cloud and sync it to several different services.

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Y 52-Week Range: $4.26 - $15.70

Yext shares were up 4.41% at $6.88 at time of publication.