Announcement
ICF International Inc (NASDAQ: ICFI) disclosed that it is expanding its share repurchase authorization by $100 million, increasing the total authorized amount to $165 million. The prior program had $65 million remaining.
Share Repurchase Activity to Date
Since the start of the year the company has repurchased approximately 435,000 shares for a total consideration of $29 million.
Market Reaction
Following the announcement, ICF’s shares rose about 2 % in after‑hours trading on Thursday, as reported in an article dated 26‑06‑2026.
Management Commentary
Chair and Chief Executive Officer John Wasson said the increased authorization underscores confidence in the company’s long‑term business prospects, citing a substantial backlog and a robust new‑business development pipeline. He added that the buyback, together with strong cash flow, will be used to return additional capital to shareholders while maintaining dividend payments and supporting other capital‑allocation priorities such as organic investments and strategic acquisitions.
Company Profile
ICF International is a Reston, Virginia‑based global solutions and technology provider that offers services through business analysts, policy specialists, digital strategists, data scientists and creatives to public and private sector clients since 1969.