StocksMedium•10 November 2026•
1 min read
EPAM Systems Enters $500 Million Accelerated Share Repurchase Agreement with UBS
Key Facts
1EPAM Systems entered into a $500 million accelerated share repurchase (ASR) agreement with UBS.
2The agreement is part of the company's existing $1.8 billion share repurchase authorization.
EPAM Systems entered into a $500 million accelerated share repurchase (ASR) agreement with UBS. Benzinga reported that the agreement is part of the company's existing $1.8 billion share repurchase authorization. The move is intended to return capital to shareholders following strong third-quarter results.
EPAM closed at $156.82 on November 9, 2026, with the stock reaching a day high of $159.19 and a low of $155.29. The execution of this significant buyback typically supports share prices by reducing supply and signaling management confidence in the company's valuation.