MYR Group announces new $75M share repurchase program effective Nov 8, 2022

MYR GROUP INC.

New $75M repurchase program authorized by Board; effective Nov 8, 2022, expiring May 8, 2023.
Prior $75M program expires Nov 7, 2022; 398,152 shares repurchased for $33.4M as of Sept 30.
Buybacks may be funded from cash on hand or borrowings under credit facility.
Management reiterates confidence in long-term strategy and stock as attractive investment.

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