FTI Consulting, Inc. Announces $370.0 Million Stock Repurchase Authorization
FTI Consulting (NYSE: FCN) announced that its Board authorized an additional $370.0 million for its common stock repurchase program on June 3, 2026.
Rhea-AI Summary
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.
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
Details
News Market Reaction – FCN
In the Jun 5 session, FCN gained 2.31%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- New repurchase authorization
- $370.0 million
- Additional capacity authorized on June 3, 2026
- Shares repurchased
- 19.1 million shares
- Aggregate repurchases since June 2016
- Average repurchase price
- $107.94 per share
- Average price since June 2016 under program
- Aggregate repurchase cost
- $2.1 billion
- Total spend since program inception in June 2016
- Remaining authorization
- $507.4 million
- Capacity remaining after recent repurchases and increase
Historical Context
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Senior Managing Director added to Corporate Reputation practice in London.
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Senior Managing Director hired to grow Transactions practice in Corporate Finance.
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Compass Lexecon added two academic affiliates to bolster antitrust expertise.
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Senior MD appointed to lead Transactions offering in Continental Europe.
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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.
Key Terms
stock repurchase program financial
open-market purchases financial
senior secured revolving bank credit facility financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company repurchased approximately 19.1 million shares at an average price per share of
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
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
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
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
FAQ
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