AudioEye Board Authorizes $15 Million Stock Repurchase Program

TUCSON, Ariz., Oct. 20, 2026. AudioEye, Inc. (Nasdaq: AEYE) announced that its Board of Directors has authorized a new stock repurchase program for up to $15 million of the company's outstanding common shares. The authorization is set to expire on October 18, 2027.

The company stated it intends to fund the repurchases using working capital and cash generated from operations. This new program replaces a previous share repurchase authorization that was originally scheduled to expire on January 24, 2027. The prior authorization was terminated in connection with the approval of the new program.

Kelly Georgevich, Chief Executive Officer of AudioEye, said the company expects to generate meaningful cash over the next year as operating leverage continues to increase. She characterized share repurchases as one of the highest-impact ways to deliver value to stockholders. Georgevich also noted the company's excitement about reporting results next week, which will include a discussion of third-quarter performance and the outlook for the fourth quarter.

AudioEye indicated it may repurchase stock from time to time through open market transactions or privately negotiated transactions, in accordance with applicable requirements. The timing and amounts of any purchases will depend on market conditions and other factors, including price. The company clarified that the program may be suspended or discontinued at any time and does not obligate AudioEye to repurchase any specific dollar amount or particular number of shares.

AudioEye describes itself as a digital accessibility company with a solution serving over 129,000 customers. The company's solution combines AI automation technology with expert fixes informed by the disability community. It holds 25 U.S. patents and offers services that include continuous accessibility monitoring, automated testing and remediation of WCAG issues, expert-led testing, developer tools, and legal protection.

The press release includes a section on forward-looking statements, noting that statements regarding expectations, plans, and future performance are not historical facts. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Such risks include variability in revenue and financial performance, sales channels, product development, market acceptance, integration efforts, competition, litigation costs, and general economic conditions. AudioEye does not undertake any obligation to update these forward-looking statements to reflect events or uncertainties after the date of the release.