EMCOR Group (EME) Increases Share Buyback by $500M
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EMCOR Group, Inc. Announces Increase in Share Repurchase Program of $500 Million
June 7, 2024 7:30 AM EDTNORWALK, Conn.--(BUSINESS WIRE)-- EMCOR Group, Inc. (NYSE: EME), announced today that its Board of Directors has authorized an additional $500 million for the purchase of shares of its outstanding common stock under its existing share repurchase program.
Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR, commented, Our long-term confidence in our business, strong free cash flow, solid financial position, and commitment to our shareholders is reflected by this increase to our share repurchase program. We remain excited about the opportunities within our resilient and growing end sectors and remain... More
