EverCommerce Inc. (NASDAQ:EVCM), a company dedicated to simplifying operations and empowering growth for service SMBs, today announced that its Board of Directors has approved a $25 million increase to its previously approved $300 million share repurchase program bringing the total approved authorization to $325 million through December 31, 2027.

Repurchases under the program may be made from time to time in the open market at prevailing market prices or in negotiated transactions off the market. Open market repurchases will be structured to occur within the pricing and volume requirements of Rule 10b-18. The company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not obligate the company to acquire any particular amount of common stock and the program may be extended, modified, suspended or discontinued at any time at the company’s discretion. The company expects to fund repurchases with cash on hand.

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