Small-Cap Stock Pops After Major Buyback Expansion

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, August 20, 2025

Buybacks have been a hot topic across markets in 2025 as companies look to return capital to shareholders and signal confidence in their long-term growth. With major corporations and small caps alike deploying cash toward repurchase programs, investors are watching closely for moves that could drive value and tighten floats.

Earth Science Tech, Inc. (OTCID: ETST) is advancing in early trading Wednesday after announcing that its Board of Directors has approved a significant increase and extension to its common stock repurchase program. The authorization has been boosted to $10 million, with the program now set to run through December 31, 2027.

Since launching the program on January 29, 2024, Earth Science Tech has already deployed over $1.8 million to repurchase 20,834,214 shares of its common stock. With roughly $8.17 million still available under the new authorization, the company has plenty of room to continue supporting its stock price and enhancing shareholder value in the years ahead.

“Extending and increasing this program is a direct reflection of our confidence in ETST’s future and our unwavering commitment to our shareholders,” said Giorgio R. Saumat, CEO and Chairman of the Board.

The program allows flexibility for purchases to be made through open market or privately negotiated transactions, depending on market conditions, share price, and other factors. To that point, the company also made it clear that the program does not obligate it to repurchase a specific number of shares and can be suspended or discontinued at any time.

Earth Science Tech operates as a strategic holding company with interests in compounding pharmaceuticals, telemedicine, and real estate development. Its subsidiaries include RxCompoundStore.com, Peaks Curative, Avenvi, Mister Meds, Earth Science Foundation, Las Villas Health Care, DOConsultations, and an 80% interest in MagneChef.

Shares of ETST jumped 7.3% to $0.22 in morning trade.

Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.