Tranche Update on Tetra Tech, Inc.'s Equity Buyback Plan announced on November 9, 2016.
January 01, 2018 at 02:57 am IST
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From October 2, 2017 to December 31, 2017, the company has repurchased 514,676 shares, representing 0.92% for $25 million. With this, the company has completed the repurchase of 2,781,073 shares, representing 4.9% for $125 million under the buyback announced on November 9, 2016.
Tetra Tech, Inc. is a global provider of consulting and engineering services that is focused on water, environment, sustainable infrastructure, renewable energy and international development. The Company is Leading with Science to provide solutions for its public and private clients. The Company operates through its two segments: government services group (GSG) and commercial/international services group (CIG). Its GSG segment provides consulting and engineering services primarily to United States (U.S.) government clients and development agencies worldwide. The Company's CIG segment primarily provides consulting and engineering services to U.S. commercial clients and international clients that include both commercial and government sectors. Its CIG segment provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients across Canada, in Asia Pacific, the United Kingdom, as well as Brazil and Chile.