Great lakes announces $50 million share repurchase program

Houston, march 14, 2025 (globe newswire) -- great lakes dredge & dock corporation (“great lakes” or the “company”) (nasdaq: gldd), the largest provider of dredging services in the united states, today announced that its board of directors has authorized a share repurchase program pursuant to which the company may repurchase up to $50 million of its common stock. “our business is strong, as we delivered in 2024 the second best results in our company's history,” said lasse petterson, president and chief executive officer.
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