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Equity | 3 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Equity | 10. EQUITY: Stock Repurchases On May 23, 2023, Quanta’s Board of Directors approved a stock repurchase program that authorizes Quanta to purchase, from time to time through June 30, 2026, up to $500 million of its outstanding common stock. During the three months ended March 31, 2025, Quanta repurchased 471,387 shares of its common stock in the open market under its stock repurchase program for $118.6 million. As of March 31, 2025, $381.1 million remained available under this repurchase program. Repurchases may be implemented through open market repurchases or privately negotiated transactions, at management’s discretion, based on market and business conditions, applicable contractual and legal requirements and other factors. Quanta is not obligated to acquire any specific amount of common stock, and the repurchase program may be modified or terminated by Quanta’s Board of Directors at any time at its sole discretion and without notice. Dividends Quanta declared the following cash dividends and cash dividend equivalents during 2024 and the first three months of 2025 (in thousands, except per share amounts):
Declaration |  | Record |  | Payment |  | Dividend |  | Dividends
Date |  | Date |  | Date |  | Per Share |  | Declared
March 21, 2025 |  | April 3, 2025 |  | April 11, 2025 |  | $ | 0.10 |  |  | $ | 15,089 |
November 20, 2024 |  | January 2, 2025 |  | January 13, 2025 |  | $ | 0.10 |  |  | $ | 15,074 |
August 28, 2024 |  | October 1, 2024 |  | October 11, 2024 |  | $ | 0.09 |  |  | $ | 13,532 |
May 23, 2024 |  | July 1, 2024 |  | July 12, 2024 |  | $ | 0.09 |  |  | $ | 13,521 |
March 28, 2024 |  | April 9, 2024 |  | April 17, 2024 |  | $ | 0.09 |  |  | $ | 13,477 |

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