DHI Group shares surge 22.34% intraday after announcing $10M stock repurchase program and reporting improved Q4 margins.

DHI Group surged 22.34% intraday after announcing a new $10 million stock repurchase program, which signaled management’s confidence in the stock’s value and signaled capital allocation discipline. The company also reported Q4 adjusted EBITDA of $9.4 million (30% margin) despite a 10% revenue decline, driven by strong performance in ClearanceJobs (43% EBITDA margin) and improved Dice margins (30% from 20%). CEO Art Zeile highlighted defense hiring tailwinds and AI-driven differentiation as growth catalysts, while CFO Greg Schippers emphasized free cash flow generation and shareholder value through repurchases. The stock’s sharp rise aligned with the buyback authorization and better-than-expected margins, overshadowing the revenue decline.