#United States #Sterling #The Woodlands #stock repurchase #Joe Cutillo

Sterling Infrastructure Announces $400 Million Stock Repurchase Program

On November 12, 2025, Sterling Infrastructure, Inc. (NasdaqGS: STRL) made headlines by unveiling a new stock repurchase program valued at $400 million, a move keenly anticipated by its investors and stakeholders. This latest initiative reflects the company's strong financial health and operational strategies that aim to enhance shareholder value and support continued growth.

The authorized repurchase program will allow Sterling to buy back its common stock over the next 24 months, succeeding the previous plan which was due to expire on December 5, 2025. Interestingly, as of the effective date of this new program, there was still $81 million available under the prior stock buyback initiative, showcasing the company's proactive approach towards managing its capital.

The timing and execution of these stock repurchases will be at the discretion of Sterling's management. The company has indicated that share repurchases could occur through various channels, including transactions in the open market or privately negotiated agreements, all in compliance with applicable laws. Notably, this program does not impose an obligation on Sterling to repurchase any specific amount of shares, allowing flexibility based on market conditions and the company's financial status.

Joe Cutillo, Sterling's CEO, emphasized the company's robust outlook, stating, "This expanded share repurchase authorization reflects our continued confidence in Sterling's outlook. With our strong balance sheet and cash flow, we are well-positioned to pursue a balanced capital allocation strategy that supports our investments in organic growth and strategic acquisitions, while returning capital to shareholders. We will continue to pursue an opportunistic approach to share repurchases.”

About Sterling Infrastructure

Sterling operates through an array of subsidiaries divided across three key segments: E-Infrastructure, Transportation, and Building Solutions. The company primarily serves markets in the Southern, Northeastern, Mid-Atlantic, and Rocky Mountain regions, as well as the Pacific Islands. By providing advanced site development services, mission-critical electrical services, and infrastructure solutions, Sterling plays a vital role in the construction and operational systems that underpin the nation’s economy.

• - E-Infrastructure Solutions offers large-scale site development and vital electrical services required for data centers, semiconductor manufacturing, distribution centers, and more.
• - Transportation Solutions encompasses a variety of projects focused on infrastructure improvement for highways, bridges, airports, and ports, along with storm drainage systems.
• - Building Solutions includes residential and commercial construction activities, adding significant value through concrete foundations, plumbing services, and site surveys.

Sterling Infrastructure’s mission is not only to foster economic growth through its projects but also to commit to sustainability and the betterment of the communities it serves. This commitment is encapsulated in what they term “The Sterling Way,” which emphasizes responsible operation and a focus on improving societal quality of life.

The announcement of the stock buyback program is indicative of Sterling’s strategic foresight. It illustrates the management’s commitment to returning capital to shareholders while ensuring the company continues to invest in future opportunities that promise growth.

Looking Ahead

In a world where economic conditions are unpredictable, such financial maneuvers are instrumental in maintaining a company's competitive edge. For Sterling Infrastructure, the decision to implement a $400 million stock repurchase plan is not merely a financial strategy; it's a testament to their long-term vision and commitment to shareholders.

Overall, this decisive move reinforces Sterling's standing as a resilient player in the infrastructure sector, poised not only to navigate market fluctuations but to thrive within them as it continues its journey toward collective growth and sustainability.