Parsons’ Board approves $250 million stock buyback program
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Parsons’ Board Approves $250 Million Share Repurchase Authorization
March 24, 2025 4:09 PM EDTCHANTILLY, Va., March 24, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that its board of directors has increased the companys stock repurchase authorization to $250 million.
Parsons strong operating results and cash flow allow us to increase share repurchases while simultaneously executing on our strategic plan of investing in accretive organic and inorganic growth opportunities, said Parsons Chair, President, and Chief Executive Officer Carey Smith. Our integrated solutions, demonstrated experience as an innovator in national security and global infrastructure markets, and commitment to speed and agility are what the world needs and... More
