Korn Ferry Announces $250 Million Increase in its Common Share Repurchase Program

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY), a global consulting firm, today announced that its Board of Directors has approved an increase to the Company’s existing share repurchase program. The Board has authorized the purchase of up to an additional $250 million of the Company’s shares, bringing the total available capacity under the existing program to $331.4 million.

“We are pleased to announce another increase in our stock repurchase program as part of our balanced capital allocation strategy,” said Gary D. Burnison, CEO, Korn Ferry. “This move reflects our continued confidence in the strength of the business.”

Repurchases may be made from time to time, in the discretion of the Company, on the open market, through privately negotiated transactions, or other methods. The timing and amount of repurchases will depend on market conditions, share price, trading volume, and other factors. The program does not obligate the Company to repurchase any specific dollar amount or number of shares, and it may be extended, modified, suspended, or discontinued at any time. No assurance can be given that any particular amount of shares will be repurchased.

About Korn Ferry

Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business—synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That’s why the world’s most forward-thinking companies across every major industry turn to us—for a shared commitment to lasting impact and the bold ambition to Be More Than.

Forward-Looking Statements

Statements in this Press Release that relate to Korn Ferry’s potential share repurchases, goals, strategies, future plans and expectations, and other statements of future events or conditions are forward-looking statements that involve a number of risks and uncertainties. Words such as “believes”, “expects”, “anticipates”, “may”, “should”, “will”, “likely”, and “confidence”, and variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Such statements are based on current expectations; actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties that are beyond the control of Korn Ferry, including global and local political and economic developments, demand fluctuations, and those risks and uncertainties included in Korn Ferry’s periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled “Risk Factors” and “Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2025. Korn Ferry disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.