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FTI Consulting announces $400M stock repurchase authorization

FTI Consulting announced that on December 1, 2022, FTI Consulting’s Board of Directors authorized the additional amount of $400M to repurchase its outstanding shares of common stock under its stock repurchase program. As of November 30, 2022, FTI Consulting has repurchased approximately 11.3M shares of its outstanding common stock pursuant to its stock repurchase program at an average price per share of $70.93 for an aggregate cost of approximately $799.M. After giving effect to share repurchases through that date and the increased authorization, FTI Consulting has approximately $501M remaining available for common stock repurchases under its program.

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