Tetra Tech Announces $500 Million Increase to its Share Repurchase Program
Tetra Tech's board approved an additional $500 million share repurchase authorization, more than doubling the amount remaining under the existing program and lifting total available buybacks to $898 million. The expanded program is backed by strong cash generation: $567 million in operating cash flow over the twelve months ended Q3 fiscal 2026, with $322 million already returned to shareholders through repurchases and dividends, and net debt leverage at a conservative 0.88x.
Key figures
- Buyback increase
- 500000000
- Net debt leverage ratio
- 0.88x
- Operating cash flow ttm
- 567000000
- Shareholder returns ttm
- 322000000
- Total available buyback
- 898000000
AI analysis
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