EPAM Systems announces $1B share repurchase program over 24 months

EPAM Systems, Inc.

Board authorized up to $1 billion in common stock repurchases; program term of 24 months.
Repurchases may be executed via open market, privately negotiated transactions, or Rule 10b5-1 trading plans.
CEO Balazs Fejes cited confidence in future growth and AI-Native market position.
CFO Jason Peterson noted improving organic constant currency revenue growth and strong balance sheet.
Program does not obligate EPAM to acquire any specific amount and may be suspended anytime.

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