How much repurchase authority does ICF now have?

Total repurchase authority stands at $165 million after the $100 million increase was added to the prior program's remaining $65 million balance.

How many shares has ICF repurchased year to date?

ICF has repurchased approximately 435,000 shares year to date for total consideration of $29 million, representing an average price of roughly $66.67 per share.

What other capital allocation priorities does ICF have alongside buybacks?

CEO John Wasson stated the company will use repurchases and strong cash flow to maintain dividend payments, pursue organic investments, and execute strategic acquisitions.

ICFI 8-K Filed 2026-06-25 New authorization

ICF board approves $100M expansion to share repurchase program

Total authorization now $165M; company has repurchased 435K shares YTD for $29M

Authorization$100M

Remaining$165M

MechanismNot specified

What the filing says

ICF International's board of directors has approved a $100 million increase to the company's share repurchase authorization, bringing total repurchase authority to $165 million. The expansion adds to a prior program that had $65 million remaining. The company stated this increased authorization underscores board and management confidence in long-term business prospects, supported by a substantial backlog and robust new business development pipeline.

Year to date through the filing date (June 25, 2026), ICF has repurchased approximately 435,000 shares for total consideration of $29 million, representing an average price of approximately $66.67 per share. CEO John Wasson noted that the company intends to use the repurchase program alongside strong cash flow to return capital to shareholders while maintaining dividend payments and pursuing organic investments and strategic acquisitions.

The filing does not specify an execution mechanism or timeline for utilizing the new authorization.

The board approved an expansion to its repurchase authorization. The additional $100 million repurchase authorization expands on the prior program, which had $65 million remaining. — ICF International, Inc. 8-K filing · View on SEC EDGAR →

What this means

ICF's $100 million authorization expansion brings total capacity to $165 million, reflecting management's confidence in the company's trajectory. The year-to-date execution of 435,000 shares ($29 million) suggests an active program already in motion. For a company trading at roughly $67 per share (based on YTD execution), this authorization represents roughly 2.4 million additional shares at current levels, or modest single-digit share-count reduction potential. The program sits within a broader capital allocation strategy that prioritizes dividends, organic growth, and M&A alongside buybacks.

Frequently asked questions

What triggered the $100 million authorization increase?: The board approved the expansion to reflect confidence in ICF's long-term business prospects, supported by a substantial backlog and robust new business development pipeline, according to CEO John Wasson.
How much repurchase authority does ICF now have?: Total repurchase authority stands at $165 million after the $100 million increase was added to the prior program's remaining $65 million balance.
How many shares has ICF repurchased year to date?: ICF has repurchased approximately 435,000 shares year to date for total consideration of $29 million, representing an average price of roughly $66.67 per share.
What other capital allocation priorities does ICF have alongside buybacks?: CEO John Wasson stated the company will use repurchases and strong cash flow to maintain dividend payments, pursue organic investments, and execute strategic acquisitions.
Does the filing specify how and when ICF will execute the buyback?: The filing does not disclose the execution mechanism or timeline for utilizing the new $100 million authorization.

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Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.