Business
Quanta Services Announces Quarterly Cash Dividend and New $1 Billion Stock Repurchase Program
Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.11 per share, or a rate of $0.44 per share on an annualized basis. The dividend is payable on July 13, 2026, to stockholders of record as of July 1, 2026.
About this update from Quanta Services, Inc.
[{"type":"text","content":"HOUSTON, May 22, 2026 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.11 per share, or a rate of $0.44 per share on an annualized basis. The dividend is payable on July 13, 2026, to stockholders of record as of July 1, 2026.","length":331,"tagName":"p"},{"type":"image","alt":"Quanta Services Logo. (PRNewsFoto/Quanta Services, Inc.)","displaySize":"","headline":null,"caption":"Quanta Services Logo. (PRNewsFoto/Quanta Services, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":123,"url":"https://media.zenfs.com/en/prnewswire.com/572a79a486ca58e8040639cb16639cd8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/UUWCc2AMNz9J9XxldrEtfQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxNw--/https://media.zenfs.com/en/prnewswire.com/572a79a486ca58e8040639cb16639cd8","width":400,"height":123},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/sOFHnJg24oC7uWRk3vYZvA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE5Nw--/https://media.zenfs.com/en/prnewswire.com/572a79a486ca58e8040639cb16639cd8","width":400,"height":123}},"href":"https://mma.prnewswire.com/media/334505/quanta_services_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Additionally, the Board of Directors, in support of management's request, has authorized a new stock repurchase program that authorizes the company to purchase, from time to time, up to $1 billion of its outstanding common stock. Under the company's existing stock repurchase program, which expires June 30, 2026, the company has acquired 540,788 shares of its outstanding common stock in the open market for a total cost of approximately $135 million.","length":460,"tagName":"p"},{"type":"text","content":"Repurchases may be implemented through open-market or privately negotiated transactions, at management's discretion, based on market and business conditions, applicable contractual and legal requirements and other factors. Quanta is not obligated to acquire any specific amount of common stock, and Quanta's Board of Directors may modify or terminate the new repurchase program at any time at its sole discretion and without notice.","length":440,"tagName":"p"},{"type":"text","content":"About Quanta ServicesQuanta Services is an industry leader i...