StocksMedium•5 November 2026•
1 min read
Veracyte Authorizes $100M Share Buyback and Narrows 2026 Revenue Guidance
Key Facts
1Veracyte authorized a new share repurchase program for up to $100 million of its common stock.
2The company narrowed its full-year 2026 revenue guidance to a range of $590 million to $593 million.
Veracyte authorized a new share repurchase program for up to $100 million of its common stock, Benzinga reported. Alongside the buyback, the company narrowed its full-year 2026 revenue guidance to a range of $590 million to $593 million.
VCYT closed at $52.52 on November 4, 2026, having traded between a day low of $49.29 and a high of $52.76 during that session. The buyback program signals management's confidence in the company's valuation, while the refined revenue outlook reflects updated operational visibility for the remainder of the fiscal year.