WISeKey shares surge 14.28% after-hours after completing three-year B-class share buyback program.

WISeKey surged 14.28% in after-hours trading following the announcement that it had completed a three-year stock buyback program for its B-class shares. The company repurchased over 100,000 shares for approximately $1.5 million, signaling confidence in its capital structure and potentially boosting shareholder value through reduced share count. The move aligns with the stock’s upward trajectory, as the completion of a long-term buyback program is typically interpreted as a positive signal of financial discipline and management’s belief in the stock’s undervaluation. The after-hours rally reflects investor optimism about the company’s strategic use of capital amid its focus on cybersecurity and digital identity solutions.