---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-23-000046"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:07:10.976901+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MYR Group announces new $75M share repurchase program effective May 9, 2023

## Summary
- Board authorized new $75M share repurchase program effective May 9, 2023; expires Nov 8, 2023.
- Prior $75M program expires May 8, 2023; $75M remained available under prior program as of Mar 31.
- Repurchases may be made on open market or privately; funded with cash on hand and credit facility.
- CEO: 'We remain committed to strategically deploying capital to drive long-term value for shareholders.'

## SEC filing metadata
- accession: 0000700923-23-000046
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092323000046/0000700923-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092323000046/myrg-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-23-000046
- JSON: https://secwatch.observer/filing/0000700923-23-000046.json
- Plain text: https://secwatch.observer/filing/0000700923-23-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.