EPAM Systems Announces $300 Million Share Repurchase Agreement

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EPAM Systems has initiated a $300 million accelerated share repurchase agreement with Morgan Stanley, part of its existing $1 billion buyback authorization. This move, funded by cash and credit, led to an initial receipt of over 1.7 million shares, with the final amount to be determined by the stock’s volume-weighted average price through Q2 2026. The action suggests management’s belief that EPAM stock is undervalued and aims to enhance shareholder value through capital allocation.

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