Update: STAAR Surgical Shares Rise After Approving $50 Million Share Buyback Program

03:12 PM EDT, 09/25/2026 (MT Newswires) -- (Updates with stock movement in first paragraph and headline.) STAAR Surgical (STAA) shares rose 6.3% in Friday trading after it said Thursday its board approved a share repurchase program allowing the company to buy back up to $50 million of its outstanding common stock. The company intends to fund the buybacks with organic free cash flow and cash on hand. As of July 3, STAAR said it had $181.5 million in cash, cash equivalents and available-for-sale investments and no outstanding debt. Price: 20.29, Change: +1.21, Percent Change: +6.32