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CRA International Inc (CRAI) delivers economic consulting and regulatory analysis services to corporations, government agencies, and global institutions. This news hub provides investors and professionals with essential updates about the firm’s strategic initiatives, litigation support activities, and market leadership.
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Discover press releases detailing corporate milestones, leadership updates, and service expansions. The repository serves as a critical tool for understanding how CRA International navigates complex economic challenges while maintaining analytical rigor across global markets.
Bookmark this page for streamlined access to verified updates about CRAI’s consulting engagements and industry impact. Regular visits ensure awareness of how the firm addresses evolving regulatory landscapes and business strategy demands.
Charles River Associates (NASDAQ: CRAI) has declared a quarterly cash dividend of $0.26 per common share, payable on June 11, 2021, to shareholders recorded by the close of business on May 25, 2021. This decision reflects the company's commitment to returning value to its shareholders. CRAI aims to continue its dividend payments, which are subject to the discretion of its Board of Directors. The firm specializes in economic, financial, and management consulting services, advising clients on critical business strategies.
Charles River Associates (NASDAQ:CRAI) has appointed Raquel Tamez as the first Chief Inclusion and Engagement Officer, effective June 1. This move aims to enhance the firm's commitment to diversity, equity, and inclusion (DE&I) initiatives globally. Tamez, previously CEO of the Society of Hispanic Professional Engineers, brings extensive experience in DE&I and legal expertise. CRA's President, Paul Maleh, expressed confidence that Tamez's leadership will strengthen the company's culture and better align it with client and community needs.
Charles River Associates (NASDAQ: CRAI) will host a webcast of its Q1 2021 financial results conference call on May 6, 2021, at 10:00 a.m. ET. The call will feature insights from key executives, including President and CEO Paul Maleh, CFO Daniel Mahoney, and Chief Corporate Development Officer Chad Holmes. Investors can access the live webcast through the 'Investor Relations' section of CRA's website and will have the opportunity to listen via telephone. An archived version will be available for one year post-event.
Charles River Associates (NASDAQ: CRAI) has appointed Tony Bower as Vice President in its Life Sciences practice, based in San Francisco. Bower brings 25 years of experience in market access, pricing strategy, and outcomes research, having previously worked with notable companies like Amgen and Synageva Biopharma. His expertise will enhance CRA's capabilities to assist clients in healthcare and technology. CRA's Life Sciences Practice focuses on biotech and pharmaceutical clients, providing analytical and strategic support.
Charles River Associates (NASDAQ: CRAI) announced the appointment of Miguel Maal as vice president at its management consulting practice, Marakon, based in New York. With over 20 years of experience in strategy consulting, Maal specializes in corporate strategy and growth solutions in the consumer goods, retail, and leisure sectors. His prior roles include partnerships at QVARTZ and OC&C Strategy Consultants. This strategic addition aims to enhance Marakon's client service capabilities in a dynamic market.
Charles River Associates (NASDAQ: CRAI) has announced the final results of its modified Dutch auction self-tender offer, which allowed it to purchase up to $25 million in common stock at a price between $66.25 and $76.00 per share. The offer expired on April 5, 2021, resulting in 417,300 shares being tendered at or below the purchase price of $74.00. Due to oversubscription, CRA will acquire approximately 337,837 shares at the accepted price, using funds from its revolving credit facility and cash on hand. Post-tender, CRA will have about 7.3 million shares outstanding.
Charles River Associates (NASDAQ: CRAI) has announced preliminary results for its modified “Dutch auction” self-tender offer, which aimed to buy back up to $25 million worth of shares at prices between $66.25 and $76.00 each. The tender offer, which expired on April 5, 2021, witnessed 419,549 shares tendered at or below $74.00. CRA is expected to purchase about 337,837 shares for a total of approximately $25 million, excluding associated fees. The final number of shares will be confirmed following the completion of the depositary's confirmation process.
Charles River Associates (NASDAQ: CRAI) announced the promotion of six employees to vice president, marking a significant milestone in their careers. The promoted individuals include Christine Dedrick, Jennifer Johnson, Mikaël Hervé, Michal Malkiewicz, Sean Taylor, and Erik Himan. Each has demonstrated exceptional commitment and expertise in various consulting areas, contributing to the firm's strong leadership. CRA's President, Paul Maleh, expressed gratitude for their contributions, highlighting the firm’s emphasis on high-quality work for clients and colleagues.
Charles River Associates (NASDAQ: CRAI) announced its participation in Sidoti & Company's Virtual Investor Conference on March 24, 2021. The management team will present at 9:15 a.m. EDT, with a live webcast available on the company's investor relations website. Attendees can engage in a virtual Q&A session. Additionally, key executives, including CEO Paul Maleh and CFO Daniel Mahoney, will hold one-on-one meetings with investors. For meeting arrangements, contact Sidoti & Company.
Charles River Associates (NASDAQ: CRAI) announced a modified Dutch auction self-tender offer to buy up to $25 million in common stock at prices ranging from $66.25 to $76.00 per share. The tender offer will expire on April 5, 2021, unless extended. CRA aims to maximize long-term shareholder value and return half of adjusted net cash flows from operations to shareholders. The tender offer will be financed through its revolving credit facility and cash on hand. Shareholders are encouraged to make informed decisions and consult advisors regarding the tendering of shares.
