Share Buyback Expanded
FTI Consulting Board Authorizes $370 Million More for Share Buyback Program, Reaching $2.6 Billion Total
FTI Consulting’s board authorized an additional $370 million for its stock repurchase program on June 3, 2026, bringing the total authorization to $2.6 billion since the program began in June 2016. As of June 2, 2026, the company had repurchased about 19.1 million shares at an average price of $107.94, spending roughly $2.1 billion and leaving about $507.4 million available for further buys. The company said repurchases can be made in open-market transactions or other allowed methods, funded through cash and/or borrowings under its revolving credit facility, with no set end date. At its June 3 annual meeting, shareholders re-elected eight directors, ratified KPMG as independent auditor for 2026, and approved executive compensation on an advisory basis while the board indicated it will consider shareholder feedback for future pay decisions. Investor-focused coverage also characterized the buyback expansion as continuing capital return, while TipRanks’ AI analyst maintained an Outperform view tied to solid financial performance and mid-range valuation despite some margin pressure and sector-specific weakness.
Key Points
GuruFocus reported insider trading activity showing a net sell of about $1.5 million over the past three months for FTI Consulting (FCN).
FTI’s repurchase authorization notes that the program has no set completion date, and it may be “suspended, discontinued or replaced” by the board at any time without prior notice; the company also said timing, price, and share amounts will be set by management and can vary based on market conditions and securities-law limitations.
MarketWatch cited company scale metrics: FTI Consulting had about 30.1 million shares outstanding as of April 23 and a market capitalization topping $4.7 billion.
TipRanks’ Spark AI analysis added that valuation was “mid-range” with “no dividend yield provided,” and that technicals were “mixed/neutral,” contributing to an overall score in the low-70s (not just the Outperform rating).
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