other material
confidence high
sentiment positive
materiality 0.65
Medpace boosts buyback by $60M; retired 1.6M shares (~5% of float) in past month
Medpace Holdings, Inc.
- Board approved $60M increase to existing stock repurchase program on May 25, 2022.
- From Apr 22 to May 25, 2022, repurchased 1,597,007 shares for treasury.
- Repurchases reduced outstanding shares by approximately 5% to 32,065,701 as of May 25.
- Timing and volume of future repurchases depend on market conditions and securities laws.
- Program may be discontinued or amended at any time without notice.