FTI Consulting authorized an additional $370 million for its share repurchase program, with $507.4 million remaining available.
Quiver AI Summary
FTI Consulting, Inc. announced that its Board of Directors approved an additional $370 million for its stock repurchase program on June 3, 2026. As of June 2, 2026, the company had repurchased around 19.1 million shares at an average price of $107.94, totaling approximately $2.1 billion since the program's initiation in June 2016. Following this new authorization, FTI Consulting has about $507.4 million left for share buybacks, which can be conducted in open-market purchases or other legal methods as determined by management based on market conditions. The repurchase program has no set completion date and can be paused or discontinued at the Board's discretion. FTI Consulting, a global expert firm, reported $3.8 billion in revenues in fiscal year 2025 and employs over 8,100 staff worldwide.
Potential Positives
- FTI Consulting's Board of Directors authorized an additional $370.0 million for share repurchases, indicating confidence in the company's financial health and future performance.
- The company has successfully repurchased approximately 19.1 million shares at an average price of $107.94, demonstrating a commitment to returning value to shareholders.
- With approximately $507.4 million remaining available for repurchases, FTI Consulting shows a strong position to continue enhancing shareholder value.
Potential Negatives
- The announcement of a substantial $370 million share repurchase could signal that the company lacks profitable investment opportunities, which may raise concerns among investors about future growth.
- The lack of a specified timeframe for the completion of the stock repurchase program could create uncertainty about the company's long-term capital allocation strategy.
- FTI Consulting's unrestricted ability to suspend or discontinue the repurchase program at any time may be interpreted negatively by investors seeking commitment and stability in capital returns.
FAQ
What recent stock repurchase authorization did FTI Consulting announce?
FTI Consulting announced an additional $370 million share repurchase authorization on June 3, 2026.
How many shares has FTI Consulting repurchased so far?
FTI Consulting has repurchased approximately 19.1 million shares under its stock repurchase program.
What is the total cost of FTI Consulting's stock repurchase program so far?
The total cost of the stock repurchase program is approximately $2.1 billion.
How much funding remains for FTI Consulting's share repurchase program?
FTI Consulting has approximately $507.4 million remaining available for common stock repurchases.
Is there a time limit for FTI Consulting's stock repurchase program?
No specific time limit has been established for the completion of the stock repurchase program.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FCN Insider Trading Activity
$FCN insiders have traded $FCN stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FCN stock by insiders over the last 6 months:
- STEVEN HENRY GUNBY (CEO, Chairman and President) has made 2 purchases buying 10,000 shares for an estimated $1,441,707 and 0 sales.
- PAUL ALDERMAN LINTON (Chief Strategy/Transf. Officer) purchased 2,400 shares for an estimated $345,696
- EUN NAM (Chief Financial Officer) purchased 2,000 shares for an estimated $289,180
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FCN Revenue
$FCN had revenues of $983.3M in Q1 2026. This is an increase of 9.47% from the same period in the prior year.
You can track FCN financials on Quiver Quantitative's FCN stock page.
You can access data on FCN stock through the Quiver Quantitative API.
$FCN Hedge Fund Activity
We have seen 196 institutional investors add shares of $FCN stock to their portfolio, and 228 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAWER INVESTMENT MANAGEMENT LTD. removed 994,723 shares (-43.1%) from their portfolio in Q1 2026, for an estimated $175,837,184
- MORGAN STANLEY removed 846,452 shares (-71.6%) from their portfolio in Q1 2026, for an estimated $149,627,320
- FIDUCIARY MANAGEMENT INC /WI/ added 823,713 shares (+inf%) to their portfolio in Q1 2026, for an estimated $145,607,747
- PRICE T ROWE ASSOCIATES INC /MD/ added 648,940 shares (+123.5%) to their portfolio in Q1 2026, for an estimated $114,713,123
- VICTORY CAPITAL MANAGEMENT INC added 503,885 shares (+44.6%) to their portfolio in Q4 2025, for an estimated $86,078,674
- M&T BANK CORP added 318,571 shares (+10081.4%) to their portfolio in Q4 2025, for an estimated $54,421,483
- FMR LLC added 235,282 shares (+17.9%) to their portfolio in Q1 2026, for an estimated $41,590,799
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
WASHINGTON, June 05, 2026 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that on June 3, 2026, FTI Consulting’s Board of Directors authorized an additional $370.0 million to repurchase shares of its outstanding common stock under its stock repurchase program. As of June 2, 2026, FTI Consulting has repurchased an aggregate of approximately 19.1 million shares at an average price per share of $107.94 since the repurchase program was originally authorized in June 2016, for an aggregate cost of approximately $2.1 billion. After giving effect to share repurchases through that date and the increased authorization, FTI Consulting has approximately $507.4 million remaining available for common stock repurchases under its program. No time limit has been established for the completion of FTI Consulting’s stock repurchase program, and the program may be suspended, discontinued or replaced by the Board at any time without prior notice.
Under its stock repurchase program, FTI Consulting may repurchase shares of its common stock in open-market purchases or by any other method in accordance with applicable securities laws and other laws, rules and regulations. The specific timing, price and amount of repurchases will be determined by FTI Consulting’s management, in its discretion, and will vary based on market conditions, securities law limitations, applicable laws, rules and regulations, and other factors. The repurchases may be funded using available cash on hand or a combination of cash and available borrowings under FTI Consulting’s senior secured revolving bank credit facility.
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 32 countries and territories as of March 31, 2026. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.8 billion in revenues during fiscal year 2025. More information can be found at www.fticonsulting.com .
Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including among other things, statements about plans for common stock repurchases, are forward-looking statements. When used in this release, words such as “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “forecasts,” “may” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon FTI Consulting’s expectations at the time it makes them and various assumptions. FTI Consulting’s expectations, beliefs and projections are expressed in good faith, and it believes there is a reasonable basis for them. However, there can be no assurance that management’s plans, expectations or forecasts will be achieved. Factors that could cause changes to FTI Consulting’s plans, expectations or forecasts include risks described under the heading “Item 1A Risk Factors” in FTI Consulting’s Form 10-K for the year ended December 31, 2025 filed with the SEC on February 26, 2026, and in FTI Consulting’s other filings with the SEC. FTI Consulting is under no duty to update any of the forward-looking statements to conform such statements to actual results or events and does not intend to do so.
FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100
Investor & Media Contact:
Mollie Hawkes
+1.617.747.1791
[email protected]