Company: MTZ
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000015615-25-000021
Chunk: 1974

Company: MASTEC INC
Filing Date: 2025-02-28
Form: 10-K
Item: Item 3
Chunk 1974
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)— — Shares withheld for taxes, net of other stock issuances(49,418)(5)(2,862)(2,867)(2,867)Issuance of shares in connection with acquisition2,758,403 277 133,157 4,336 188,444 193,057 193,057 Acquisition of treasury stock, at cost(1,124,286)(81,291)(81,291)(81,291)Distributions to non-controlling interests— (728)(728)Balance as of December 31, 202298,615,105 $9,862 (19,933,055)$(663,910)$1,246,590 $2,195,742 $(50,955)$2,737,329 $3,858 $2,741,187 Net (loss) income(49,949)(49,949)2,653 (47,296)Other comprehensive loss(2,042)(2,042)(2,042)Non-cash stock-based compensation33,335 33,335 33,335 Issuance of restricted shares, net592,553 59 (59)— — Shares withheld for taxes, net of other stock issuances(118,636)(12)(5,436)(5,448)(5,448)Issuance of shares in connection with acquisition4,112 — — — 403 403 403 Distributions to non-controlling interests— (2,818)(2,818)Purchase of non-controlling interests120,000 3,997 (11,473)(7,476)(2,524)(10,000)Sale of minority interest in subsidiary— 7,112 7,112 Non-controlling interests assumed related to acquisitions— 6,828 6,828 Balance as of December 31, 202399,093,134 $9,909 (19,813,055)$(659,913)$1,263,360 $2,145,793 $(52,997)$2,706,152 $15,109 $2,721,261 Net income162,788 162,788 36,633 199,421 Other comprehensive loss(2,600)(2,600)(2,600)Non-cash stock-based compensation32,672 32,672 32