MYR Group announces new $75M share repurchase program, replacing expiring prior program

MYR GROUP INC.

New $75.0M share repurchase program authorized by Board; effective Nov 9, 2023, expires May 8, 2024 or when funds exhausted.
Prior $75.0M repurchase program (commenced May 9, 2023) expires Nov 8, 2023; as of Sept 30, 2023, $75.0M remained available.
Funding from cash on hand and borrowings under credit facility.
CEO Rick Swartz cites confidence in market segments and commitment to long-term growth and capital allocation.

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