ICF has announced a $100 million increase to its share repurchase authorization, bringing the total remaining authority to $165 million. The board approved the expansion, which underscores confidence in the company's long-term prospects. Year to date, ICF has repurchased approximately 435,000 shares for a total of $29 million. Chair and CEO John Wasson stated the program will be used alongside strong cash flow to return capital to shareholders, maintain dividends, and pursue organic investments and strategic acquisitions.
ICF International IncCompany announces $100M increase to share repurchase authorization, signaling confidence and returning capital to shareholders.