Company: MTZ
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000015615-25-000079
Chunk: 84

Company: MASTEC INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Part II, Item 2
Chunk 84
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ITEM 2.    UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities

The following table provides information about repurchases of our common stock during the three months ended June 30, 2025:

Total Number of Shares Purchased (a)Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Program (b)Approximate Dollar Value of Shares that May Yet be Purchased under the Program (c)April 1 through April 30380,574 $109.06 369,968 $— May 1 through May 316,157 $143.98 — $250,000,000 June 1 through June 305,161 $159.68 — $250,000,000 Total391,892 369,968 

(a)Includes 10,606, 5,940 and 5,161 shares reacquired by the Company on the open market pursuant to the Amended ESPPs in April, May and June of 2025, respectively, 217 shares withheld for income tax purposes in connection with shares issued under compensation and benefit programs in May of 2025, and 369,968 shares repurchased under our share repurchase programs.

(b)All shares were repurchased under our $150 million March 2020 share repurchase program, which was publicly announced on March 19, 2020, and which repurchases completed the program in April of 2025.

(c)As of June 30, 2025, the full amount remains available for share repurchases under our May 2025 $250 million share repurchase program, which was publicly announced on May 1, 2025.

ITEM 4.    MINE SAFETY DISCLOSURES

The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95.1 to this Quarterly Report on Form 10-Q.

ITEM 5.    OTHER INFORMATION

During the three months ended June 30, 2025, no director or officer (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified or terminated a contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the