Quarterly report pursuant to Section 13 or 15(d)

Equity

v3.21.2
Equity
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Equity EQUITY:
Stock repurchases
Quanta repurchased the following shares of common stock in the open market under the stock repurchase programs (in thousands):
Quarter ended: Shares Amount
September 30, 2021 185  $ 16,828 
June 30, 2021 314  $ 29,450 
March 31, 2021 222  $ 17,710 
December 31, 2020 720  $ 49,949 
September 30, 2020 —  $ — 
June 30, 2020 —  $ — 
March 31, 2020 5,960  $ 200,000 
As of September 30, 2021, Quanta is authorized to repurchase up to an additional $472.8 million in shares of common stock through June 30, 2023 under its existing stock repurchase program. Quanta’s policy is to record a stock repurchase as of the trade date; however, the payment of cash related to the repurchase is made on the settlement date of the trade. During the three months ended September 30, 2021 and 2020, cash payments related to stock repurchases were $17.8 million and none, and during the nine months ended September 30, 2021 and 2020, cash payments related to stock repurchases were $66.7 million and $200.0 million.
Dividends
Quanta declared the following cash dividends and cash dividend equivalents during 2020 and the first nine months of 2021 (in thousands, except per share amounts):
Declaration Record Payment Dividend Dividends
Date Date Date Per Share Declared
August 27, 2021 October 1, 2021 October 15, 2021 $ 0.06  $ 8,638 
May 27, 2021 July 1, 2021 July 15, 2021 $ 0.06  $ 8,650 
March 25, 2021 April 6, 2021 April 15, 2021 $ 0.06  $ 8,429 
December 11, 2020 January 4, 2021 January 15, 2021 $ 0.06  $ 8,933 
August 26, 2020 October 1, 2020 October 15, 2020 $ 0.05  $ 7,244 
May 28, 2020 July 1, 2020 July 15, 2020 $ 0.05  $ 7,182 
March 26, 2020 April 6, 2020 April 15, 2020 $ 0.05  $ 7,184