ENXTAM:ARCADProfessional Services
Arcadis (ENXTAM:ARCAD) Is Up 10.0% After Hudson Tunnel Project Extension and €175M Buyback - What's Changed
In late September 2025, MPA Delivery Partners, a joint venture between Mace, Parsons Corporation, and Arcadis, announced it was awarded a US$665 million, 4.5-year contract extension by the Gateway Development Commission to continue managing the Hudson Tunnel Project, the most urgent rail infrastructure project in the United States. Arcadis also initiated a substantial €175 million share buyback program, representing roughly 5% of its outstanding shares, set to run through July 2026.
The...