EPAM Systems Announces $300 Million Share Repurchase to Enhance Growth and Shareholder Value

EPAM Systems Leverages Strategic Share Repurchase to Reinforce Growth Commitment

On March 5, 2026, EPAM Systems, Inc. announces an accelerated share repurchase (ASR) agreement valued at $300 million with Morgan Stanley, a significant step in reinforcing the company's ongoing commitment to shareholder value amid its ambitious transformation objectives. As part of a broader $1 billion repurchase authorization, this strategic move emphasizes not only EPAM's robust financial health but also its confidence in sustainable long-term growth in the digital and AI transformation landscape. CEO Balazs Fejes articulates this sentiment, underscoring how such initiatives align with EPAM's mission to empower businesses as they evolve into AI-native enterprises.

Under the terms of the ASR agreement, EPAM disburses $300 million upfront to Morgan Stanley, which then delivers an initial batch of 1,703,336 shares, representing a value of approximately $240 million based on the stock’s closing price from March 4, 2026. The final volume of shares repurchased will depend on the volume-weighted average share price throughout the ASR term and is anticipated to conclude before the second quarter of 2026. This calculated approach allows EPAM to maintain flexibility while capitalizing on favorable market conditions, thus optimizing its capital structure and enhancing earnings per share—a vital metric that reflects the company's operational strength.

In conjunction with this repurchase strategy, EPAM continues to adapt to the increasing demand for its services among Forbes Global 2000 companies and innovative startups. With over 30 years of industry expertise, the company excels in delivering engineering and integrated consulting solutions that create tangible value from digital investments. This endeavor isn’t merely fiscal; it reflects EPAM's broader vision of upholding excellence in service delivery while actively positioning itself as a leader in technological transformations designed to meet the future needs of its diverse clientele.

In addition to this financial maneuver, EPAM Systems remains dedicated to fostering an innovative work culture, further emphasizing its recognition as a top workplace. The company's ongoing focus on enhancing its service offerings and investing in comprehensive growth opportunities signifies robust operational sustainability. By prioritizing strategic investments in both its workforce and shareholder value, EPAM showcases its commitment to not only navigating the evolving technology landscape but also leading it.