Bowman Consulting authorizes $10M share repurchase program through Nov 2024

Bowman Consulting Group Ltd.

Board authorized new $10M share repurchase program, effective Nov 17, 2023 through Nov 16, 2024.
Prior $10M program expired Nov 10, 2023 with $9.3M remaining unused.
Repurchases at management discretion based on share price, market conditions, and capital allocation priorities.
Company reiterates strategic focus on investments in organic and acquisitive growth over share buybacks.
Program may be suspended, modified, or discontinued at any time without notice.

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