Mar 19, 2026 (MarketLine via COMTEX) --
Niagen Bioscience's Board of Directors authorized an increase to its previously disclosed share repurchase program, raising the total authorization from $10 million to $20 million.
Niagen Bioscience, Inc. (NASDAQ: NAGE), the global authority on NAD+ (nicotinamide adenine dinucleotide) with a focus on the science of healthy aging, today announced that its Board of Directors has authorized an increase to the Company's previously disclosed share repurchase program (the "Program"), raising the total authorization from $10 million to $20 million of the Company's outstanding common stock.
Through March 17, 2026, the Company has repurchased approximately $2.6 million of its common stock under the Share Repurchase Program. Additional information regarding share repurchases will be reported in the Company's periodic reports filed with the SEC.
Rob Fried, CEO, Niagen Bioscience, stated, "The recent repurchase of our common stock and $10 million increase in our program reflect the conviction we have in our strategy and long-term value. We will continue to take advantage of the disconnect between NAGE's market valuation and the underlying strength of our business opportunistically."
Repurchases under the Share Repurchase Program may be made from time to time in accordance with applicable securities laws and at such times, in such manner, and in such amounts as determined by the Company's management. These purchases may be executed through open market transactions, privately negotiated transactions, or pursuant to a trading plan that may be adopted in the future, in accordance with the Securities Exchange Act of 1934, as amended.
The Share Repurchase Program is authorized through October 31, 2027, unless earlier modified, suspended, or terminated at the discretion of the Company's Board of Directors. The program does not obligate the Company to repurchase any specific amount of its common stock.
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COMTEX_479334412/2227/2026-05-17T15:20:00
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