Staar Surgical Shares Rise on $50M Buyback Plans
Dow Jones2026/09/25 14:59By Adriano Marchese
Staar Surgical shares advanced Friday after the company said its board authorized a $50 million share-buyback program.
Shares rose 6.3% to $20.27.
The vision-correction solutions company said the decision was based on the board's confidence in its business progress, as well as its strong balance sheet and free-cash-flow levels.
Shares have been under pressure in 2026, down about 12% since the start of the year including the day's trading. The stock is down 24% over the last 52 weeks.
The company currently has $181.5 million in liquidity to use towards the repurchases, it said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
September 25, 2026 10:59 ET (14:59 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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