Tetra Tech, Inc. (TTEK) said its Board has authorized an additional $400 million share repurchase program. Together with the amount remaining under the previously approved program, the company currently has a total of $563 million available for share repurchases.

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RTTNews | Oct 7, 2021 09:14AM EDT

09:13 Thursday, October 7, 2021 (RTTNews.com) - Tetra Tech, Inc. (TTEK) said its Board has authorized an additional $400 million share repurchase program. Together with the amount remaining under the previously approved program, the company currently has a total of $563 million available for share repurchases.

Dan Batrack, Tetra Tech CEO, said: "The strength of our balance sheet and strong consistent cash flow generation will allow us to continue investing in both organic growth initiatives and strategic acquisitions while having greater capacity to return more capital to shareholders."

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