---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-001262"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T06:23:57.543400+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-22-001262
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851520/000117184322001262/0001171843-22-001262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184322001262/f8k_022222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-001262
- JSON: https://secwatch.observer/filing/0001171843-22-001262.json
- Plain text: https://secwatch.observer/filing/0001171843-22-001262.txt

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