Quanta Services Closes the Sale of its Fiber Optic Licensing Operations to Crown Castle

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Go back to Quanta Services Closes the Sale of its Fiber Optic Licensing Operations to Crown Castle

Quanta Services (PWR) Approves New $1.25B Common Stock Buyback Plan

August 5, 2015 6:14 AM EDT

Quanta Services (NYSE: PWR) announced that its board of directors has authorized the company to repurchase, from time to time through February 28, 2017, up to $1.25 billion in shares of its outstanding common stock. To implement a portion of this program, the company intends to enter into a $750 million accelerated stock repurchase ("ASR") arrangement in the near term. The newly announced program follows completion of Quanta's previously... More