EPAM Systems Board Sets New $1 Billion Stock Buyback

Dow Jones
2025/10/21
 

By Colin Kellaher

 

EPAM Systems on Tuesday said its board has approved the repurchase of up to $1 billion in common stock over the next two years.

Based on Monday's closing price of $145, the new buyback program would represent more than 12% of EPAM's nearly 55.7 million shares outstanding as of July 31.

The Newton, Pa., provider of digital engineering, cloud and artificial intelligence-enabled transformation services, which sports a market capitalization topping $8 billion, spent almost $355 million to buy back more than 1.88 million shares in the first half of the year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 21, 2025 06:21 ET (10:21 GMT)

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