AECOM reiterates its capital allocation policy, increases its share repurchase authorization to $1 billion and increases its quarterly dividend by 18%
AECOM announced key updates to its capital allocation strategy, including a $1 billion increase in share repurchase authorization and an 18% increase in quarterly dividend to $0.26 per share. The company has returned $2.5 billion to shareholders since 2020, with $2.2 billion in stock buybacks reducing shares outstanding by 21%. AECOM has delivered a 20% average annual increase in dividend over the last three years. The next dividend payment is scheduled for January 17, 2025, to stockholders of record on January 2, 2025.
AECOM ha annunciato aggiornamenti chiave alla sua strategia di allocazione del capitale, inclusa un aumento di $1 miliardo nell'autorizzazione al riacquisto di azioni e un Aumento del 18% del dividendo trimestrale a $0,26 per azione. L'azienda ha restituito $2,5 miliardi agli azionisti dal 2020, con $2,2 miliardi in riacquisti di azioni che hanno ridotto il numero di azioni in circolazione del 21%. AECOM ha registrato un aumento medio annuo del 20% del dividendo negli ultimi tre anni. Il prossimo pagamento del dividendo è previsto per il 17 gennaio 2025, per gli azionisti registrati il 2 gennaio 2025.
AECOM anunció actualizaciones clave a su estrategia de asignación de capital, incluida un aumento de $1 mil millones en la autorización de recompra de acciones y un aumento del 18% en el dividendo trimestral a $0.26 por acción. La compañía ha devuelto $2.5 mil millones a los accionistas desde 2020, con $2.2 mil millones en recompra de acciones reduciendo las acciones en circulación en un 21%. AECOM ha ofrecido un aumento promedio anual del 20% en el dividendo durante los últimos tres años. El próximo pago del dividendo está programado para el 17 de enero de 2025, a los accionistas registrados el 2 de enero de 2025.
AECOM은 자본 배분 전략에 대한 주요 업데이트를 발표했습니다. 여기에는 10억 달러의 자사주 매입 승인 증가와 분기 배당금 18% 인상이 포함되어 있으며, 1주당 배당금은 $0.26입니다. 이 회사는 2020년 이후 주주에게 25억 달러를 반환했으며, 22억 달러의 자사주 매입으로 유통 주식 수를 21% 줄였습니다. AECOM은 지난 3년 동안 평균 20% 연간 배당금 인상을 기록했습니다. 다음 배당금 지급은 2025년 1월 17일로 예정되어 있으며, 2025년 1월 2일 기준 주주에게 지급됩니다.
AECOM a annoncé des mises à jour clés de sa stratégie d'allocation de capital, y compris une augmentation de 1 milliard $ de l'autorisation de rachat d'actions et une augmentation de 18% du dividende trimestriel à 0,26 $ par action. L'entreprise a restitué 2,5 milliards $ aux actionnaires depuis 2020, avec 2,2 milliards $ en rachats d'actions réduisant le nombre d'actions en circulation de 21%. AECOM a enregistré une augmentation moyenne annuelle de 20% des dividendes au cours des trois dernières années. Le prochain paiement de dividende est prévu pour le 17 janvier 2025, pour les actionnaires inscrits le 2 janvier 2025.
AECOM hat wichtige Aktualisierungen seiner Kapitalallokationsstrategie bekannt gegeben, darunter eine Erhöhung um 1 Milliarde $ bei der Genehmigung zum Rückkauf von Aktien und eine 18%ige Erhöhung der vierteljährlichen Dividende auf 0,26 $ pro Aktie. Das Unternehmen hat seit 2020 2,5 Milliarden $ an die Aktionäre zurückgegeben, wobei 2,2 Milliarden $ durch Aktienrückkäufe die ausstehenden Aktien um 21% verringert haben. AECOM hat in den letzten drei Jahren eine durchschnittliche jährliche Erhöhung von 20% der Dividende erzielt. Die nächste Dividendenzahlung ist für den 17. Januar 2025 geplant, an die Aktionäre, die am 2. Januar 2025 im Aktienregister stehen.
- Share repurchase authorization increased to $1 billion
- Quarterly dividend increased by 18% to $0.26 per share
- $2.5 billion returned to shareholders since 2020
- 21% reduction in shares outstanding since September 2020
- 20% average annual dividend increase over last three years
- None.
Insights
This capital allocation announcement demonstrates AECOM's strong financial position and commitment to shareholder returns. The
The
“The increases to our share repurchase authorization and quarterly dividend payment reflect our confidence in delivering strong earnings and cash flow growth, as well as the strength of our balance sheet,” said Troy Rudd, AECOM’s chief executive officer. “Through this announcement, we are affirming our returns-driven capital allocation policy focused on high-returning investments in accelerating organic growth and margin expansion, as well as capital returns to shareholders. This includes returning
AECOM’s Returns-Focused Capital Allocation Policy
AECOM prioritizes its capital allocation based on returns, including:
- Investments in organic growth
- Share repurchases
- Dividend payments
Consistent with these priorities, the Company has bought back
The increased dividend as declared by the Board will be reflected in its next dividend payment on January 17, 2025, to stockholders of record on January 2, 2025.
About AECOM
AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns or other funding circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs, geopolitical events, and conflicts; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241118723271/en/
Media Contact:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
213.593.8208
William.Gabrielski@aecom.com
Source: AECOM
FAQ
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