secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2026-05-27T20:30:30+00:00
Accession:  0001193125-26-241989
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanta Services authorizes $1B buyback and declares $0.11 quarterly dividend
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- Board authorized new $1.0B stock repurchase program effective May 21, 2026; replaces existing program expiring June 30, 2026.
- Quarterly cash dividend of $0.11 per share ($0.44 annualized) payable July 13, 2026 to holders of record July 1, 2026.
- Joseph Kim elected as independent director; he is CEO of Sunoco LP and brings supply chain and energy industry expertise.
- Under prior buyback program, Quanta repurchased 540,788 shares for ~$135 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312526241989/0001193125-26-241989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312526241989/d122565d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-241989

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