Company: BWMN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-039001
Chunk: 2

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 3
Chunk 2
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2024, the board of directors authorized an increase to this repurchase authorization from $25 million to $35 million (collectively referred to as the "2024 Repurchase Authorization"). The authorization was scheduled to expire on July 31, 2025, but was terminated on June 6, 2025, upon the approval of the 2025 Repurchase Authorization discussed below. As of June 30, 2025, we repurchased 1,368,576 shares of our common stock under the 2024 Repurchase Authorization.

(3) On June 6, 2025, the board of directors authorized a new share repurchase program under which the Company may repurchase up to $25 million of its common stock ("2025 Repurchase Authorization") over a 12-month period beginning on June 9, 2025. As of June 30, 2025, no repurchases have been made under the 2025 Repurchase Authorization.