other material
confidence high
sentiment positive
materiality 0.60
Maximus expands stock buyback program to $200M aggregate
MAXIMUS, INC.
- Board authorized $200M stock purchase program, including $6M remaining from prior authorization.
- Since March 31, 2024, Maximus has repurchased 538,978 shares for ~$44.5 million.
- Purchases will be made opportunistically in open market or private transactions; no expiration date.
- CEO Bruce Caswell says expansion consistent with opportunistic capital allocation approach.