FTI Consulting (NYSE: FCN) announced that its Board authorized an additional $370.0 million for its common stock repurchase program on June 3, 2026.
Since June 2016, the company has repurchased about 19.1 million shares for roughly $2.1 billion and now has $507.4 million remaining under the program.
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Positive
New $370.0 million stock repurchase authorization
Total $507.4 million remaining buyback capacity
19.1 million shares repurchased since 2016 for $2.1 billion
Flexible methods for repurchases, including open-market purchases
Negative
No time limit or minimum repurchase commitment under program
Board may suspend, discontinue, or replace program at any time
News Market Reaction – FCN
+2.31%
+2.31%Session close to close
In the Jun 5 session, FCN gained 2.31%, reflecting a moderate positive market reaction.
This announcement highlights the Board’s decision to add $370.0 million to FTI Consulting’s stock re...
Analysis
This announcement highlights the Board’s decision to add $370.0 million to FTI Consulting’s stock repurchase authorization, bringing remaining capacity to $507.4 million after prior buybacks totaling $2.1 billion since 2016 at an average of $107.94 per share. Investors may track how actively management uses this flexibility, including funding via cash or the revolving credit facility, and compare it with recent strategic hires and insider purchases to assess overall capital allocation discipline.
Key Figures
New repurchase authorization:$370.0 millionShares repurchased:19.1 million sharesAverage repurchase price:$107.94 per share+2 more
5 metrics
New repurchase authorization$370.0 millionAdditional capacity authorized on June 3, 2026
Shares repurchased19.1 million sharesAggregate repurchases since June 2016
Average repurchase price$107.94 per shareAverage price since June 2016 under program
Aggregate repurchase cost$2.1 billionTotal spend since program inception in June 2016
Remaining authorization$507.4 millionCapacity remaining after recent repurchases and increase
Compass Lexecon hired a leading competition and regulatory economist in London.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent corporate and leadership updates have generally coincided with modestly positive price reactions.
Recent Company History
Over the past few weeks, FTI Consulting has focused on strategic hiring and expanding expertise across segments. Appointments in Corporate Reputation, Transactions, and antitrust economics on May 18–19, 2026 and May 27, 2026 all saw positive next-day moves, including a 6.93% reaction to a Compass Lexecon hire. Today’s buyback authorization adds a capital allocation dimension to this pattern of incremental, shareholder-relevant developments.
"authorized an additional $370.0 million to repurchase shares of its outstanding common stock under its stock repurchase program"
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
open-market purchasesfinancial
"may repurchase shares of its common stock in open-market purchases or by any other method"
Open-market purchases are when a company or institution buys its own shares or other securities using the public stock market rather than through a private deal. For investors this matters because such buying reduces the number of shares available, often boosting metrics like earnings per share and signaling management thinks the stock is undervalued, while also using cash that might otherwise fund growth or dividends — like a business buying back chips at the table to increase each remaining player's stake.
senior secured revolving bank credit facilityfinancial
"funded using available cash on hand or a combination of cash and available borrowings under FTI Consulting’s senior secured revolving bank credit facility"
A senior secured revolving bank credit facility is a line of borrowing from one or more banks that a company can draw, repay and draw again as needed, similar to a business credit card. It is “senior” because it gets paid back before other debts and “secured” because it is backed by specific company assets as collateral. Investors watch it because it provides short-term cash flexibility, affects financial safety if collateral is at risk, and signals how easily a company can handle unexpected needs.
Company repurchased approximately 19.1 million shares at an average price per share of $107.94 since June 2016
WASHINGTON, June 05, 2026 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that on June 3, 2026, FTI Consulting’s Board of Directors authorized an additional $370.0 million to repurchase shares of its outstanding common stock under its stock repurchase program. As of June 2, 2026, FTI Consulting has repurchased an aggregate of approximately 19.1 million shares at an average price per share of $107.94 since the repurchase program was originally authorized in June 2016, for an aggregate cost of approximately $2.1 billion. After giving effect to share repurchases through that date and the increased authorization, FTI Consulting has approximately $507.4 million remaining available for common stock repurchases under its program. No time limit has been established for the completion of FTI Consulting’s stock repurchase program, and the program may be suspended, discontinued or replaced by the Board at any time without prior notice.
Under its stock repurchase program, FTI Consulting may repurchase shares of its common stock in open-market purchases or by any other method in accordance with applicable securities laws and other laws, rules and regulations. The specific timing, price and amount of repurchases will be determined by FTI Consulting’s management, in its discretion, and will vary based on market conditions, securities law limitations, applicable laws, rules and regulations, and other factors. The repurchases may be funded using available cash on hand or a combination of cash and available borrowings under FTI Consulting’s senior secured revolving bank credit facility.
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of March 31, 2026. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.8 billion in revenues during fiscal year 2025. More information can be found at www.fticonsulting.com.
Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including among other things, statements about plans for common stock repurchases, are forward-looking statements. When used in this release, words such as “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” “may” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon FTI Consulting’s expectations at the time it makes them and various assumptions. FTI Consulting’s expectations, beliefs and projections are expressed in good faith, and it believes there is a reasonable basis for them. However, there can be no assurance that management’s plans, expectations or forecasts will be achieved. Factors that could cause changes to FTI Consulting’s plans, expectations or forecasts include risks described under the heading “Item 1A Risk Factors” in FTI Consulting’s Form 10-K for the year ended December 31, 2025 filed with the SEC on February 26, 2026, and in FTI Consulting’s other filings with the SEC. FTI Consulting is under no duty to update any of the forward-looking statements to conform such statements to actual results or events and does not intend to do so.
FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100
What did FTI Consulting (NYSE: FCN) announce about its stock repurchase program on June 5, 2026?
FTI Consulting announced a new $370.0 million stock repurchase authorization. According to FTI Consulting, this increases remaining capacity to about $507.4 million for buying back common shares under its ongoing repurchase program.
How many FTI Consulting (FCN) shares have been repurchased under the program since 2016?
FTI Consulting has repurchased approximately 19.1 million shares since June 2016. According to FTI Consulting, these buybacks were completed at an average price of $107.94 per share, for an aggregate cost of roughly $2.1 billion.
How much buyback capacity remains under FTI Consulting’s (FCN) stock repurchase program after the new authorization?
After recent repurchases and the added authorization, FTI Consulting has about $507.4 million remaining. According to FTI Consulting, this amount is available for future common stock repurchases under the existing buyback program.
Does FTI Consulting’s (FCN) stock repurchase program have an expiration date or minimum repurchase requirement?
The repurchase program has no set time limit or minimum purchase requirement. According to FTI Consulting, the Board may suspend, discontinue, or replace the program at any time without prior notice to shareholders.
How will FTI Consulting (FCN) fund its authorized stock repurchases going forward?
FTI Consulting may fund repurchases with available cash or borrowings. According to FTI Consulting, buybacks can use cash on hand, or a mix of cash and its senior secured revolving bank credit facility.
How can FTI Consulting (FCN) execute buybacks under its stock repurchase program?
FTI Consulting can repurchase shares in open-market transactions or other methods. According to FTI Consulting, the timing, price, and amount will be set by management based on market conditions, laws, and other factors.