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home / news releases / MYRG - MYR Group's board approves new $75M stock buyback

MYRG - MYR Group's board approves new $75M stock buyback

MYR Group Inc.

2023-05-02 17:10:47 ET

  • MYR Group ( NASDAQ: MYRG ) on Tuesday announced a new $75 million share repurchase program.
  • The repurchase program will expire on November 8, 2023, or when the authorized funds are exhausted, whichever is earlier.
  • The company intends to fund the repurchase program with cash on hand and through borrowings under its credit facility.
  • The buyback was authorized by the board and will be effective on May 9, 2023.
  • MYRG's old $75.0 million stock buyback that commenced on November 8, 2022 is scheduled to expire on May 8, 2023.
  • Press Release .

For further details see:

MYR Group's board approves new $75M stock buyback
Stock Information
Company Name: MYR Group Inc.
Stock Symbol: MYRG
Market: NASDAQ
Website: myrgroup.com
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