---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-23-000067"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:31:12.841233+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000700923-23-000067
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092323000067/0000700923-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092323000067/myrg-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-23-000067
- JSON: https://secwatch.observer/filing/0000700923-23-000067.json
- Plain text: https://secwatch.observer/filing/0000700923-23-000067.txt

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