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AECOM Technology Corporation
ACM, a leading provider of professional
technical and management support services for government and commercial
clients around the world, announced today that its Board of Directors has
authorized the repurchase of up to $300 million of its common stock.
"This repurchase authorization reflects our confidence in AECOM's long-term
outlook and the focus of our capital-allocation strategy on driving
sustainable returns as we continue to make progress in areas such as
balanced growth, profitability and liquidity," said John M. Dionisio, AECOM
chairman and chief executive officer.
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