EverCommerce is exploding higher today, extending a period of positive momentum that saw the stock gain 5.4% during the September 14 session. The primary catalyst for this move is the company's announcement on September 11 that its Board of Directors approved a $25 million increase to its share repurchase program. This capital allocation strategy appears to be driving investor confidence, helping the stock recover from its recent position well below its 50-day moving average.