EPAM Systems approves up to $1B common stock repurchase plan

EPAM Systems announced that its Board of Directors approved a common stock repurchase program authorizing the company to buy back up to $1 billion of EPAM Systems, Inc. common stock.

Rhea-AI Filing Summary

EPAM Systems announced that its Board of Directors approved a common stock repurchase program authorizing the company to buy back up to $1 billion of EPAM Systems, Inc. common stock. The announcement was made via press release on October 21, 2025, which is included as Exhibit 99.1.

A repurchase authorization permits the company to acquire shares in the market or otherwise, reducing the public float when executed. The filing does not provide further terms beyond the authorization and timing will depend on future decisions and conditions.

Insights

Capital allocation strategist

Board approves up to $1 billion share repurchase authorization.

EPAM disclosed a Board-approved program allowing repurchases of up to $1 billion in common stock. Authorizations provide flexibility to return capital and can reduce share count when executed, potentially affecting per-share metrics.

The impact depends on if and when repurchases occur, pricing, and market conditions; the excerpt lists the authorization but not execution details. A press release dated October 21, 2025 is attached, which may outline any additional parameters.

Key items relate to actual buyback activity that may follow this authorization, such as pace and amounts purchased under the $1 billion limit.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did EPAM (EPAM) announce?

EPAM announced a Board-approved common stock repurchase program authorizing buybacks of up to $1 billion of its common stock.

When was the EPAM buyback authorization announced?

The authorization was announced on October 21, 2025 via a press release attached as Exhibit 99.1.

How large is EPAM’s repurchase authorization?

The program authorizes repurchases of up to $1 billion of common stock.

Which securities are covered by EPAM’s program?

The authorization covers EPAM Systems, Inc. common stock.

Where can I find more details on EPAM’s program?

A press release dated October 21, 2025 is attached as Exhibit 99.1.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/21/2025 - 06:44 AM Learn about SEC filing dates

0001352010false00013520102025-10-162025-10-16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  October 16, 2025

EPAM SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware			1-35418			22-3536104
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)
41 University Drive			Suite 202			18940
Newtown			Pennsylvania
(Address of principal executive offices)						(Zip Code)

267-759-9000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

			☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
			☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
			☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
			☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol			Name of Each Exchange on which Registered
Common Stock, par value $0.001 per share			EPAM			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On October 21, 2025, EPAM issued a press release announcing that its Board of Directors approved a common stock repurchase program, authorizing EPAM to repurchase up to $1 billion of EPAM Systems, Inc. common stock. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated October 21, 2025

101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 21, 2025

By:

/s/ Edward F. Rockwell

Name:

Edward F. Rockwell

Title:

SVP, General Counsel and Corporate Secretary