08:45 AM EST, 01/06/2025 (MT Newswires) -- NV5 Global ( NVEE ) said Monday it plans to repurchase up to $20 million of its common shares during the next open trading period as part of its ongoing $100 million stock buyback program.

The buyback will begin after NV5 announces its Q4 2024 financial results, with the number of stock buybacks depending on factors such as share price, the company said.

NV5 plans to use excess cash flows for the buybacks, it said.