Tetra Tech announced its Board of Directors has authorized a $500 million increase to the company's existing share repurchase program. This action reflects the company's strong cash flow generation and confidence in its long-term growth outlook.
Key Details
- The new authorization increases the total available amount for share repurchases to $898 million.
- For the twelve months ended Q3 fiscal 2026, the company generated $567 million in cash flow from operations and returned $322 million to shareholders.
- Management cited its balanced approach to capital allocation, which includes investing in organic growth and strategic acquisitions while returning capital to shareholders.