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Tetra Tech Announces That In Q2 2025 It Repurchased $150M Of Common Stock And The Board Approved An Additional $500M Share Repurchase Program

Benzinga·05/07/2025 20:09:22
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In the second quarter, Tetra Tech repurchased $150 million of common stock. Furthermore, the Board approved an additional $500 million share repurchase program. Together with the $173 million remaining under the previously approved program at the end of the second quarter of fiscal 2025, the Company had $673 million available for share repurchase.

Subsequent to the end of the second quarter, on May 5, 2025, Tetra Tech entered into an Amended and Restated Credit Agreement with a total borrowing capacity of $1.5 billion that will mature in May 2030.