Maximus announced on December 11, 2024, that its Board of Directors has authorized a $200 million increase to the existing common stock purchase program. This expansion adds to the approximately $128 million of remaining availability under the prior authorization.
The expanded program allows Maximus to repurchase shares opportunistically at prevailing market prices. This action aligns with the company's disciplined capital allocation strategy, which prioritizes returning capital to shareholders.
The authorization reflects management's confidence in the company's sustained momentum and its central role in delivering essential government services. It also provides flexibility to invest in strategic priorities that support long-term growth.
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