Dycom authorizes new $150M stock repurchase program

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Summary · why it matters

Dycom Industries announced on Wednesday that its Board of Directors has authorized a new $150 million stock repurchase program, replacing the previous $150 million buyback which had approximately $83.9 million remaining. The new program allows the company to repurchase shares over the next 18 months through open-market purchases or privately negotiated transactions.

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