STOCK TITAN

[8-K] MAXIMUS, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

MAXIMUS, Inc. announced an increase to its existing stock purchase program and said it intends to buy shares opportunistically in the open market, under 10b5-1 plans, or via privately negotiated transactions. The company specified the program has no set purchase amount or expiration date and may be extended, modified, suspended or discontinued at its discretion. A press release describing the increase is filed as Exhibit 99.1 to this Current Report. The filing includes standard forward-looking statements language and points investors to the company’s Annual Report for additional risk factors and disclosures.

MAXIMUS, Inc. ha annunciato l'espansione del suo programma di riacquisto di azioni e ha comunicato che intende acquistare titoli in modo opportunistico sul mercato aperto, tramite piani 10b5-1 o mediante operazioni privatamente negoziate. La società ha precisato che il programma non prevede un importo di acquisto predeterminato né una data di scadenza e potrà essere prorogato, modificato, sospeso o interrotto a sua discrezione. Un comunicato stampa che illustra l'aumento è allegato come Exhibit 99.1 al presente Current Report. Il documento include il consueto linguaggio sulle dichiarazioni previsionali e rinvia gli investitori al Bilancio annuale della società per ulteriori fattori di rischio e informazioni.

MAXIMUS, Inc. anunció la ampliación de su programa de recompra de acciones y señaló que tiene la intención de comprar acciones de forma oportunista en el mercado abierto, mediante planes 10b5-1 o a través de transacciones negociadas de forma privada. La compañía especificó que el programa no tiene un volumen de compra fijo ni fecha de vencimiento y puede ampliarse, modificarse, suspenderse o cancelarse a su discreción. Un comunicado de prensa que describe la ampliación se presenta como Exhibit 99.1 en este Current Report. El expediente incluye el lenguaje estándar sobre declaraciones a futuro y remite a los inversores al Informe Anual de la compañía para conocer factores de riesgo y divulgaciones adicionales.

MAXIMUS, Inc.는 기존 자사주 매입 프로그램의 확대를 발표하고, 시장 기회를 보아 주식 매입을 진행할 계획이라고 밝혔습니다. 매수는 공개시장, 10b5-1 계획 또는 사적으로 협상된 거래를 통해 이뤄질 수 있습니다. 회사는 본 프로그램이 구매 금액이나 만료일이 정해져 있지 않다고 명시했으며, 재량에 따라 연장, 변경, 중단 또는 종료될 수 있습니다. 확대 내용을 설명한 보도자료는 이 Current Report의 Exhibit 99.1로 제출되어 있습니다. 제출문서에는 일반적인 전향적 진술 문구가 포함되어 있으며, 추가 위험 요인 및 공시는 회사의 연례보고서를 참조하도록 투자자에게 안내하고 있습니다.

MAXIMUS, Inc. a annoncé l'augmentation de son programme de rachat d'actions existant et a indiqué qu'elle entend acquérir des actions de manière opportuniste sur le marché ouvert, dans le cadre de plans 10b5-1 ou par des transactions négociées en privé. La société a précisé que le programme n'a pas de montant d'achat prédéfini ni de date d'expiration et peut être prolongé, modifié, suspendu ou interrompu à sa discrétion. Un communiqué de presse décrivant cette augmentation est déposé en tant que Exhibit 99.1 dans ce Current Report. le dossier comprend le langage habituel relatif aux déclarations prospectives et renvoie les investisseurs au rapport annuel de la société pour obtenir des facteurs de risque et des informations supplémentaires.

MAXIMUS, Inc. kündigte eine Ausweitung seines bestehenden Aktienrückkaufprogramms an und erklärte, dass es beabsichtigt, opportunistisch Aktien zu erwerben – sei es am offenen Markt, über 10b5-1-Pläne oder durch privat ausgehandelte Transaktionen. Das Unternehmen stellte klar, dass das Programm keinen festgelegten Kaufbetrag oder ein Ablaufdatum hat und nach eigenem Ermessen verlängert, geändert, ausgesetzt oder eingestellt werden kann. Eine Pressemitteilung, die die Ausweitung erläutert, ist diesem Current Report als Exhibit 99.1 beigefügt. Die Einreichung enthält die üblichen zukunftsgerichteten Aussagen und verweist Investoren zur Kenntnisnahme weiterer Risikofaktoren und Offenlegungen auf den Jahresbericht des Unternehmens.

Positive
  • Company announced an increase to its existing stock purchase program
  • Flexible execution methods disclosed: open-market purchases, 10b5-1 plans, and privately negotiated transactions
  • Press release filed as Exhibit 99.1 to the Current Report for investor review
Negative
  • No specified aggregate purchase amount disclosed in the provided content
  • No set expiration date but no obligation to acquire any particular amount, limiting certainty about program scale
  • Key quantitative details (authorization cap, funding source, timetable) are not included in the excerpt

Insights

TL;DR: Share repurchase program increase signals capital return flexibility; size and timing remain unspecified.

The company publicly confirmed an increase to its stock buyback program and emphasized multiple execution methods, including open-market purchases and 10b5-1 plans. This gives management flexibility to return capital when shares are attractive, but the filing does not disclose the aggregate authorization, timetable, or funding source. The standard forward-looking statements and references to risk factors are included, so investors should look to the referenced press release (Exhibit 99.1) and the Annual Report for quantitative detail before drawing conclusions about the program’s likely impact on EPS or leverage.

TL;DR: Governance disclosure is routine; the board retains discretion and has not committed to specific repurchase levels.

The filing documents a board-authorized intent to increase repurchases but explicitly states there is no obligation to buy a particular amount and no fixed expiration. That language preserves board discretion and operational flexibility while complying with disclosure requirements. The inclusion of Exhibit 99.1 (press release) and forward-looking statement safeguards is standard. Material details such as authorization cap, execution limits, or repurchase funding are not included in the excerpt and should be reviewed in the full exhibit for governance assessment.

MAXIMUS, Inc. ha annunciato l'espansione del suo programma di riacquisto di azioni e ha comunicato che intende acquistare titoli in modo opportunistico sul mercato aperto, tramite piani 10b5-1 o mediante operazioni privatamente negoziate. La società ha precisato che il programma non prevede un importo di acquisto predeterminato né una data di scadenza e potrà essere prorogato, modificato, sospeso o interrotto a sua discrezione. Un comunicato stampa che illustra l'aumento è allegato come Exhibit 99.1 al presente Current Report. Il documento include il consueto linguaggio sulle dichiarazioni previsionali e rinvia gli investitori al Bilancio annuale della società per ulteriori fattori di rischio e informazioni.

MAXIMUS, Inc. anunció la ampliación de su programa de recompra de acciones y señaló que tiene la intención de comprar acciones de forma oportunista en el mercado abierto, mediante planes 10b5-1 o a través de transacciones negociadas de forma privada. La compañía especificó que el programa no tiene un volumen de compra fijo ni fecha de vencimiento y puede ampliarse, modificarse, suspenderse o cancelarse a su discreción. Un comunicado de prensa que describe la ampliación se presenta como Exhibit 99.1 en este Current Report. El expediente incluye el lenguaje estándar sobre declaraciones a futuro y remite a los inversores al Informe Anual de la compañía para conocer factores de riesgo y divulgaciones adicionales.

MAXIMUS, Inc.는 기존 자사주 매입 프로그램의 확대를 발표하고, 시장 기회를 보아 주식 매입을 진행할 계획이라고 밝혔습니다. 매수는 공개시장, 10b5-1 계획 또는 사적으로 협상된 거래를 통해 이뤄질 수 있습니다. 회사는 본 프로그램이 구매 금액이나 만료일이 정해져 있지 않다고 명시했으며, 재량에 따라 연장, 변경, 중단 또는 종료될 수 있습니다. 확대 내용을 설명한 보도자료는 이 Current Report의 Exhibit 99.1로 제출되어 있습니다. 제출문서에는 일반적인 전향적 진술 문구가 포함되어 있으며, 추가 위험 요인 및 공시는 회사의 연례보고서를 참조하도록 투자자에게 안내하고 있습니다.

MAXIMUS, Inc. a annoncé l'augmentation de son programme de rachat d'actions existant et a indiqué qu'elle entend acquérir des actions de manière opportuniste sur le marché ouvert, dans le cadre de plans 10b5-1 ou par des transactions négociées en privé. La société a précisé que le programme n'a pas de montant d'achat prédéfini ni de date d'expiration et peut être prolongé, modifié, suspendu ou interrompu à sa discrétion. Un communiqué de presse décrivant cette augmentation est déposé en tant que Exhibit 99.1 dans ce Current Report. le dossier comprend le langage habituel relatif aux déclarations prospectives et renvoie les investisseurs au rapport annuel de la société pour obtenir des facteurs de risque et des informations supplémentaires.

MAXIMUS, Inc. kündigte eine Ausweitung seines bestehenden Aktienrückkaufprogramms an und erklärte, dass es beabsichtigt, opportunistisch Aktien zu erwerben – sei es am offenen Markt, über 10b5-1-Pläne oder durch privat ausgehandelte Transaktionen. Das Unternehmen stellte klar, dass das Programm keinen festgelegten Kaufbetrag oder ein Ablaufdatum hat und nach eigenem Ermessen verlängert, geändert, ausgesetzt oder eingestellt werden kann. Eine Pressemitteilung, die die Ausweitung erläutert, ist diesem Current Report als Exhibit 99.1 beigefügt. Die Einreichung enthält die üblichen zukunftsgerichteten Aussagen und verweist Investoren zur Kenntnisnahme weiterer Risikofaktoren und Offenlegungen auf den Jahresbericht des Unternehmens.

0001032220FALSE00010322202025-09-082025-09-08

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 8, 2025
maximus-logo.jpg

Maximus, Inc.
(Exact name of registrant as specified in its charter)
Virginia1-1299754-1000588
(State or other jurisdiction of incorporation)
 (Commission File Number)
(I.R.S. Employer Identification No.)
1600 Tysons BoulevardMcLean,VA22102
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including the area code(703)251-8500
No Change
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, no par valueMMSNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐









Item 8.01    Other Events.
On September 8, 2025, the Board of Directors (the “Board”) of Maximus, Inc. (the “Company”) approved an increase to the Company's existing stock purchase program. The increased stock purchase program authorizes the Company to purchase up to an aggregate amount of $400 million of the Company’s common stock, no par value (“Common Stock”).
The Company intends to purchase shares opportunistically at prevailing market prices in the open market, via 10b5-1 plans, or in privately negotiated transactions, with the amount and timing of purchases depending on market conditions, corporate needs, and other factors.
This program does not obligate the Company to acquire any particular amount of Common Stock, has no specified expiration date, and may be extended, modified, suspended or discontinued at any time at the Company’s discretion.
The Company issued a press release announcing the increase to the existing stock purchase program. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.
Forward-Looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this Current Report on Form 8-K are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s stock purchase program, capital allocation plans and strategic priorities. Actual results may differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to: the fact that common stock purchases may not be conducted in the timeframe or in the manner the Company expects, or at all, the Company’s capital allocation priorities may shift and the other risk factors disclosed in the Company’s Annual Report on Form 10-K for the year ended September 30, 2024, as updated by the Company’s other filings with the Securities and Exchange Commission, copies of which are available free of charge on the Company’s website at investor.maximus.com. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
Item 9.01    Financial Statements and Exhibits.
(d)     Exhibits.
Exhibit No.Description
  
99.1
Press release issued by Maximus, Inc. dated September 10, 2025
104Cover Page Interactive Data File, formatted in Inline XBRL.
2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Maximus, Inc.
(Registrant)
Date: September 10, 2025/s/ John T. Martinez
John T. Martinez
Chief Legal Officer and Secretary



3

FAQ

What did MAXIMUS (MMS) announce regarding its stock repurchase program?

The company announced an increase to its existing stock purchase program and stated it intends to buy shares opportunistically via open-market purchases, 10b5-1 plans, or privately negotiated transactions.

Does the filing specify how many shares MAXIMUS will repurchase?

No. The provided content states there is no obligation to acquire any particular amount and does not disclose an aggregate authorization or target amount.

Is there an expiration date for the repurchase program?

The filing indicates the program has no specified expiration date and may be extended, modified, suspended, or discontinued at the company's discretion.

Where can investors find more details about the repurchase announcement?

The company filed a press release as Exhibit 99.1 to this Current Report; investors should review that exhibit and the company's Annual Report for additional disclosures and risk factors.

Did MAXIMUS provide forward-looking statement protections in this filing?

Yes. The filing includes standard forward-looking statements language and directs readers to risk factors in the Annual Report for the year ended September 30, 2024.
Maximus

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