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Equity
9 Months Ended
Sep. 30, 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 September 30, 2025, Quanta did not repurchase any shares of its common stock in the open market under its stock repurchase program. During the nine months ended September 30, 2025, Quanta repurchased 538,559 shares of its common stock in the open market under its stock repurchase program for $134.6 million. As of September 30, 2025, $365.1 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 nine months of 2025 (in thousands, except per share amounts):
DeclarationRecordPaymentDividendDividends
DateDateDatePer ShareDeclared
August 27, 2025October 1, 2025October 10, 2025$0.10 $14,739 
May 22, 2025July 1, 2025July 11, 2025$0.10 $15,104 
March 21, 2025April 3, 2025April 11, 2025$0.10 $15,089 
November 20, 2024January 2, 2025January 13, 2025$0.10 $15,074 
August 28, 2024October 1, 2024October 11, 2024$0.09 $13,532 
May 23, 2024July 1, 2024July 12, 2024$0.09 $13,521 
March 28, 2024April 9, 2024April 17, 2024$0.09 $13,477