Exponent increases share repurchase authorization by $150M to $179.5M total available

EXPONENT INC

Board authorized additional $150M share repurchase, bringing total authorization to $179.5M.
Company has repurchased $38.9M of common stock in fiscal 2022 to date.
CEO cites strong cash position ($297.7M at end of FY2021) and recent 20% dividend increase.
Authorization covers open market or privately negotiated transactions per Rule 10b-18.

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