eGain Announces Increase to Stock Repurchase Program of $20 Million
1. eGain increases stock repurchase program by $20 million to $60 million. 2. The decision is based on confidence in an undervalued stock. 3. CEO highlights strong balance sheet and long-term shareholder value focus. 4. Approximately $39.8 million in shares have already been repurchased. 5. Repurchases will be discretionary, based on market conditions.