eGain boosts share repurchase authorization by $20M to $60M; CEO cites undervaluation

EGAIN Corp

Board approved $20M increase, raising aggregate authorization from $40M to $60M.
As of Sept 3, 2025, eGain has repurchased $39.8M in shares, leaving ~$0.2M available after increase (per filing).
Program extended until earlier of full repurchase or board termination; funded by existing cash or future cash flows.
CEO Ashu Roy states belief that shares are undervalued and cites confidence in AI knowledge market opportunity.

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