Dycom Industries, Inc. said its Board of Directors authorized a new $150 million program to repurchase outstanding common stock over the next 18 months. Purchases may occur in open-market transactions, privately negotiated deals or under a Rule 10b5-1 plan (a preset trading arrangement), depending on market conditions and other factors. The company is not required to repurchase any specific amount and may suspend or end the program at any time. The authorization replaces Dycom’s previous $150 million program, under which approximately $83.9 million remained outstanding. As of August 24, 2026, Dycom had 30,160,957 common shares outstanding, excluding the dilutive effect of stock options and unvested restricted stock. Dycom provides specialty contracting services for telecommunications infrastructure and utilities throughout the United States, including construction, engineering, maintenance, fulfillment, data-center electrical contracting and underground facility locating. The company cautioned that its forward-looking statements, including those concerning the repurchase program, are subject to risks and uncertainties described in its Securities and Exchange Commission filings.