Primoris Services (PRIM) shares rose 5.9% in Tuesday trading after the company said that five of its six utility-scale solar projects have achieved mechanical completion.
The remaining project is slated for mechanical completion in Q4, the company said.
Primoris also said it has repurchased $150 million of stock as of Monday, exhausting the capacity available under its buyback program authorized by the board on April 30, 2025.
Price: 75.28, Change: +4.16, Percent Change: +5.85
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