AudioEye, Inc. (NasdaqCM:AEYE) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its common stock. The company intends to fund the stock repurchase program with proceeds from the loan agreement and/or working capital and/or cash from operations.

The shares repurchased under the program will be subsequently retired and restored to the status of authorized but unissued shares of common stock. The repurchase program is valid till December 31, 2025.