MYR Group announces $75M share repurchase program effective May 9, 2024

MYR GROUP INC.

Board authorized up to $75M in share repurchases; program expires Nov 8, 2024 or when funds exhausted.
Prior $75M program expires May 8, 2024; had $72.5M remaining as of March 31, 2024.
Funding from cash on hand and credit facility borrowings.
CEO cites confidence in market segments and long-term growth potential.

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