Everforth, Inc. Leadership, including Board of Directors and CEO, Demonstrate Confidence in Company’s Future with Share Purchases
RICHMOND, Va.–(BUSINESS WIRE)–
Everforth, Inc. (NYSE: EFOR), a leading technology and digital engineering company, today announced that members of its executive team and 100% of the Company’s Directors eligible for purchase, including Ted Hanson, Chief Executive Officer, have acquired shares in the open market. Only one director was not allowed to purchase due to a recent transfer of shares to his irrevocable trust. These purchases, which are being reported in filings with the U.S. Securities and Exchange Commission (“SEC”), reflect the leadership’s alignment with stockholders and its confidence in the Company’s long-term strategy.
Mr. Hanson purchased $1.0 million in value of the Company’s shares on April 24, 2026, on the open market, at an average price of $19.24, marking one of the first trades under the Company’s new stock ticker EFOR. In addition to Mr. Hanson’s purchase, on that same day and today, other members of the Board of Directors and Company’s executive team purchased an additional $0.8 million in value in shares on the open market.
“The strong and unified support of our Board and leadership team reinforces our conviction that Everforth is on the right path as we execute our Next Wave Growth Strategy,” said Ted Hanson, Everforth’s Chief Executive Officer. “These investments reflect our shared confidence in the long‑term growth opportunities ahead and our belief that the strategic efforts we are implementing position Everforth strongly for the future. We remain focused on disciplined execution, investing for sustainable growth, and creating durable, long‑term value for our stockholders.”
Everforth believes its current share price does not reflect the strength of its strategy, strong financial profile, or long term growth prospects. The Company maintains a balanced capital allocation strategy, including debt repayment, share repurchase, and investments in organic growth, aligning its use of capital with the best interests of stockholders.
Leadership share purchases complement the Company’s $1 billion share repurchase authorization, under which $925 million remains as of the close of the markets on April 24, 2026. The Company has repurchased over 15.5 million in shares for a total of approximately $1.3 billion in the past five years.
These share purchases took place further to the release of Everforth’s First Quarter 2026 financial results on April 22, 2026, and the subsequent ending of the Company’s blackout period on April 24, 2026, clearing the path for insiders to purchase shares.
About Everforth, Inc.
Everforth, Inc. (NYSE: EFOR) is a leading technology and digital engineering company that helps organizations adapt, innovate, and thrive in a world of constant change. Our six solution areas — AI and data, cloud and infrastructure, application and digital engineering, experience, cybersecurity, and enterprise platforms — accelerate time to value for our commercial and federal clients. Powered by proprietary assets, accelerators, and proven expertise, Everforth turns complexity into progress and delivers measurable outcomes. Everforth: Adapt and Thrive™. Learn more at everforth.com.
Safe Harbor
Certain statements made in this news release are “forward-looking statements” within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and involve a high degree of risk and uncertainty. Forward-looking statements include statements regarding our anticipated financial and operating performance. All statements in this news release, other than those setting forth strictly historical information, are forward-looking statements. Forward-looking statements are not guarantees of future performance and actual results might differ materially. For a full list of risks and discussion of forward-looking statements, please see our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 25, 2026. We specifically disclaim any intention or duty to update any forward-looking statements contained in this news release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260427910616/en/
Kimberly Esterkin
Vice President, Investor Relations
[email protected]
KEYWORDS: Virginia United States North America
INDUSTRY KEYWORDS: Technology Other Defense Consulting Professional Services Business Government Technology Data Analytics Data Management Defense Artificial Intelligence
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