Tetra Tech Announces $500 Million Increase to Share Repurchase Program

Tetra Tech announced on September 10, 2026, that its Board of Directors has authorized a $500 million increase to its share repurchase program. This augmentation effectively doubles the remaining amount under the existing program, bringing the total available for repurchases to $898 million. In the twelve months leading up to the third quarter of fiscal 2026, the company generated $567 million in cash flow from operations and returned $322 million to shareholders through dividends and share repurchases. The company also highlighted its strategic acquisitions, continued deleveraging of its balance sheet with a net debt leverage ratio of 0.88x at the end of Q3 2026, and its commitment to investing in organic growth and strategic acquisitions while returning capital to shareholders.