---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-25-000050"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T02:59:29.291588+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001352010-25-000050
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000050/0001352010-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000050/epam-20251016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-25-000050
- JSON: https://secwatch.observer/filing/0001352010-25-000050.json
- Plain text: https://secwatch.observer/filing/0001352010-25-000050.txt

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