While reporting the third-quarter financial results, The GEO Group, Inc. (GEO) shared the Board's decision to increase its share repurchase authorization to $500 million.
Additionally, it has extended the expiration date of the program to December 31, 2029.
As of today, the company has approximately $458.4 million of repurchase authorization available under the share repurchase program.
In the pre-market hours, GEO is trading at $17, up 1.13 percent on the New York Stock Exchange.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.