Yext shares surge 13.65% intraday after announcing a modified Dutch auction tender offer to repurchase up to $180M in stock at a 17-32% premium to boost shareholder liquidity and reduce shares outstanding.

Yext surged 13.65% intraday, announcing a Dutch auction tender offer to repurchase up to $1.8 billion in shares at $5.75–$6.50 per share, a 17–32% premium over its $4.91 closing price on February 9. As a leading brand visibility platform offering digital presence and knowledge management services, the buyback reflects the company’s financial strength and commitment to returning capital to shareholders by enhancing liquidity and reducing outstanding shares.