Why Did TRAK Stock Rise 10% In Premarket Today?

• TRAK's board authorized a share buyback of up to $2 million.
• The current 10B5-1 plan is part of the company’s previously approved $21 million share repurchase program.
• ReposiTrak said the new plan supports its broader capital allocation strategy, which includes retiring common shares and redeeming preferred shares.

Shares of ReposiTrak Inc. (TRAK) surged more than 10% in premarket trading on Thursday after its board authorized a share buyback of up to $2 million under a 10B5-1 share repurchase program.

The current 10B5-1 plan is part of the company’s previously approved $21 million share repurchase program, with $7.6 million still available for buybacks as of Dec. 1, 2025.

ReposiTrak said the new plan supports its broader capital allocation strategy, which includes retiring common shares, redeeming preferred shares, and maintaining its cash dividend program.

What Is A 10B5-1  Plan?

A 10B5-1 plan lets investors set up preset trading instructions so shares can be bought or sold automatically, even during periods when normal trading might be restricted. Because the trades follow predefined rules, it helps avoid accusations of insider trading while keeping the activity compliant with regulations.

Earlier this week, ReposiTrak added food processors and private-label manufacturers to its traceability network, expanding its reach across the supply chain. These companies will be able to share FDA-required tracking data more efficiently to meet rising traceability demands from retailers and restaurants.

How Did Stocktwits Users React?

While retail sentiment around TRAK on Stocktwits remained 'neutral' over the past 24 hours, chatter on the platform increased.

YTD, the stock has fallen 38%.

Also See: Nvidia’s Jensen Huang Reportedly Reminds Author Stephen Witt Of Edison: ‘He’s Got An Inventor’s Mindset’

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share

·

Add us on