BILL Holdings, Inc. shares rise 3.29% premarket after announcing a $300 million equity buyback program.

Bill Holdings, Inc. rose 3.29% in premarket trading, with the company announcing a share repurchase program of up to $300 million. The company expects to fund the share repurchase program using existing cash. Additionally, BILL Holdings, Inc. provided a financial operations platform for small and midsize businesses, offering software-as-a-service, cloud-based payments, and spend and expense management products.