Stock Repurchase Authorization
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Exponent Declares Regular Quarterly Dividend for Q4 2025 and Increases Stock Repurchase Authorization by $100 Million
Globenewswire· 2025-10-30 20:05
Core Viewpoint - Exponent, Inc. has declared a quarterly cash dividend of $0.30 per share, reflecting the Board's confidence in the company's strategy and strong cash flow generation [1][3] Dividend and Share Repurchase - The quarterly cash dividend will be paid on December 19, 2025, to stockholders of record as of December 5, 2025 [1] - Exponent plans to continue paying quarterly dividends each year in March, June, September, and December, subject to the Board's final determination [2] - The Board has increased the share repurchase authority by $100 million, in addition to the $21.6 million available for repurchase as of October 3, 2025 [2] Management Commentary - The President and CEO, Dr. Catherine Corrigan, emphasized that the combination of a consistent dividend and increased share repurchase authorization demonstrates the strength of Exponent's balance sheet and disciplined capital allocation approach [3] Company Overview - Exponent integrates over 90 technical disciplines with more than 950 consultants to assist clients across various industries, focusing on failure analysis and developing solutions for a safer and sustainable world [3][4] - The company's consultants leverage multidisciplinary expertise and resources globally, providing valuable insights to multinational companies, startups, law firms, insurance companies, and governments [4]