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Jacobs' Board Approves $1.5 Billion Share Repurchase Authorization
JJacobs Solutions (J) Prnewswire·2025-02-04 11:40

Largest repurchase program in company's historyDALLAS, Feb. 4, 2025 /PRNewswire/ -- The Jacobs' (NYSE: J) Board of Directors has approved a new incremental share repurchase authorization (the "2025 Share Repurchase Program"). The 2025 Share Repurchase Program authorizes the purchase of up to 1.5billionofJacobscommonstockoverathreeyearperiod.JacobsChairandCEOBobPragadasaid,"TheBoardsauthorizationofa1.5 billion of Jacobs' common stock over a three-year period.Jacobs Chair and CEO Bob Pragada said, "The Board's authorization of a 1.5 billion share repurchase program, the largest in our company's history, underscor ...