# MasTec Suspends Late Stage Negotiations of an Acquisition to Prioritize Share Repurchases

- Source: Business Wire
- Published: 2026-11-05T17:15:00+00:00
- Category: Business
- Original: http://www.businesswire.com/news/home/20261105957806/en/MasTec-Suspends-Late-Stage-Negotiations-of-an-Acquisition-to-Prioritize-Share-Repurchases/?feedref=JjAwJuNHiystnCoBq_hl-WsGkFyUNMTSNrPsg57HLEqqcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu5AneicJQDNboWvodvG82E0
- Canonical: https://groundlevelnews.com/story/mastec-suspends-late-stage-negotiations-of-an-acquisition-to-prioritiz-61da1a/

CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (“MasTec” or the “Company”) (NYSE: MTZ) today announced that it is suspending late stage negotiations of a large potentially accretive acquisition opportunity in order to prioritize the repurchase of shares. The Company has an existing $250 million board authorization for share repurchases, the full amount of which is available. This announcement d

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