{"id":797938,"date":"2025-01-06T08:16:06","date_gmt":"2025-01-06T13:16:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/"},"modified":"2025-01-06T08:16:06","modified_gmt":"2025-01-06T13:16:06","slug":"nv5-authorizes-20-million-share-repurchase","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/","title":{"rendered":"NV5 Authorizes $20 Million Share Repurchase"},"content":{"rendered":"
\n

HOLLYWOOD, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it intends to repurchase up to $20 million of NV5\u2019s common stock during the next open trading period. The repurchase is in accordance with the $100 million stock repurchase program that was previously approved by the NV5 Board of Directors.<\/p>\n

\u201cThis share repurchase program reflects NV5\u2019s strong financial position and our anticipation of accelerated organic growth and profitability of NV5\u2019s operations,\u201d said Dickerson Wright, PE, Executive Chairman of NV5. \u201cThe current valuation of NV5\u2019s stock creates a unique opportunity for NV5 to utilize its excess cash flows to repurchase shares. We also have a strong mergers and acquisitions pipeline, and we expect M&A, along with strong organic growth, to continue contributing to NV5\u2019s growth.\u201d<\/p>\n

NV5\u2019s next open trading period will take place following the announcement of NV5\u2019s 2024 fourth quarter and full-year financial results. The number of shares repurchased will depend on a number of factors including share price.<\/p>\n

\n About NV5<\/strong>
\n
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, certification, and consulting solutions for public and private sector clients supporting utility, infrastructure, and building assets and systems. The Company primarily focuses on six business verticals: Utility services, infrastructure engineering, construction quality assurance, buildings & technology, environmental health sciences, and geospatial services. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company\u2019s website at www.NV5.com<\/a>. Also visit the Company on Twitter<\/a>, LinkedIn<\/a>, Facebook<\/a>, and Vimeo<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>
\n
This press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the \u201cRisk Factors\u201d set forth in the Company\u2019s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.<\/p>\n

\n Investor Relations Contact<\/strong>
\n
NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: ir@nv5.com<\/u><\/a><\/p>\n

Source: NV5 Global, Inc.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HOLLYWOOD, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it intends to repurchase up to $20 million of NV5\u2019s common stock during the next open trading period. The repurchase is in accordance with the $100 million stock repurchase program that was previously approved by the NV5 Board of Directors. \u201cThis share repurchase program reflects NV5\u2019s strong financial position and our anticipation of accelerated organic growth and profitability of NV5\u2019s operations,\u201d said Dickerson Wright, PE, Executive Chairman of NV5. \u201cThe current valuation of NV5\u2019s stock creates a unique opportunity for NV5 to utilize its excess cash flows to repurchase shares. We also have a strong mergers and acquisitions pipeline, and … <\/p>\n

Continue reading “NV5 Authorizes $20 Million Share Repurchase”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797938","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNV5 Authorizes $20 Million Share Repurchase - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NV5 Authorizes $20 Million Share Repurchase - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HOLLYWOOD, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it intends to repurchase up to $20 million of NV5\u2019s common stock during the next open trading period. The repurchase is in accordance with the $100 million stock repurchase program that was previously approved by the NV5 Board of Directors. \u201cThis share repurchase program reflects NV5\u2019s strong financial position and our anticipation of accelerated organic growth and profitability of NV5\u2019s operations,\u201d said Dickerson Wright, PE, Executive Chairman of NV5. \u201cThe current valuation of NV5\u2019s stock creates a unique opportunity for NV5 to utilize its excess cash flows to repurchase shares. We also have a strong mergers and acquisitions pipeline, and … Continue reading "NV5 Authorizes $20 Million Share Repurchase"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-06T13:16:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NV5 Authorizes $20 Million Share Repurchase\",\"datePublished\":\"2025-01-06T13:16:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/\"},\"wordCount\":450,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/\",\"name\":\"NV5 Authorizes $20 Million Share Repurchase - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=\",\"datePublished\":\"2025-01-06T13:16:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nv5-authorizes-20-million-share-repurchase\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NV5 Authorizes $20 Million Share Repurchase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NV5 Authorizes $20 Million Share Repurchase - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/","og_locale":"en_US","og_type":"article","og_title":"NV5 Authorizes $20 Million Share Repurchase - Market Newsdesk","og_description":"HOLLYWOOD, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) — NV5, a provider of technology, certification, and consulting solutions, announced today that it intends to repurchase up to $20 million of NV5\u2019s common stock during the next open trading period. The repurchase is in accordance with the $100 million stock repurchase program that was previously approved by the NV5 Board of Directors. \u201cThis share repurchase program reflects NV5\u2019s strong financial position and our anticipation of accelerated organic growth and profitability of NV5\u2019s operations,\u201d said Dickerson Wright, PE, Executive Chairman of NV5. \u201cThe current valuation of NV5\u2019s stock creates a unique opportunity for NV5 to utilize its excess cash flows to repurchase shares. We also have a strong mergers and acquisitions pipeline, and … Continue reading \"NV5 Authorizes $20 Million Share Repurchase\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-06T13:16:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NV5 Authorizes $20 Million Share Repurchase","datePublished":"2025-01-06T13:16:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/"},"wordCount":450,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/","name":"NV5 Authorizes $20 Million Share Repurchase - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=","datePublished":"2025-01-06T13:16:06+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNjYzNiM2Njc4MzM3IzIwMDg4MjY="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nv5-authorizes-20-million-share-repurchase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"NV5 Authorizes $20 Million Share Repurchase"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/797938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=797938"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/797938\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=797938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=797938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=797938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}