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The Joint Corp.'s board of directors has authorized an additional $12 million for its stock repurchase program, following the completion of the first $5 million tranche. This move underscores the company's commitment to disciplined capital allocation and delivering value for shareholders. Repurchases may be made through open market transactions, privately negotiated transactions, or other means, subject to market conditions and other factors. The timing, frequency, and amount of repurchases will be determined by the company's finance committee.

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