MAXIMUS, INC. Files 8-K Report

TL;DR

MAXIMUS filed an 8-K, likely routine updates for the SEC.

AI Summary

On June 10, 2024, MAXIMUS, INC. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific financial transactions or material events were detailed in the provided excerpt, suggesting it may be a routine filing or related to exhibit updates.

Why It Matters

This filing indicates that MAXIMUS, INC. is providing updates to the SEC, which could include new financial information or details on other corporate events that investors should be aware of.

Risk Assessment

Risk Level: low — The provided excerpt of the 8-K filing does not contain information about significant financial events, acquisitions, or legal issues, indicating a low immediate risk.

Key Numbers

• 1-12997 — SEC File Number (Identifier for MAXIMUS, INC.'s SEC filings)
• 54-1000588 — IRS Employer Identification No. (Tax identification number for MAXIMUS, INC.)

Key Players & Entities

• MAXIMUS, INC. (company) — Registrant
• Virginia (jurisdiction) — State of incorporation
• June 10, 2024 (date) — Date of earliest event reported
• 1600 Tysons Boulevard McLean, VA 22102 (address) — Principal executive offices
• 7032518500 (phone_number) — Business phone

FAQ

Key Financial Figures

• $200 million — o purchase up to an aggregate amount of $200 million of the Company's common stock, no par v
• $6 million — Common Stock"), including approximately $6 million of remaining availability under the exi

Filing Documents

• mms-20240610.htm (8-K) — 31KB
• mms-2024x06x12x8k_ex991.htm (EX-99.1) — 10KB
• image_0.jpg (GRAPHIC) — 6KB
• mms-20240610_g1.jpg (GRAPHIC) — 23KB
• 0001032220-24-000070.txt ( ) — 220KB
• mms-20240610.xsd (EX-101.SCH) — 2KB
• mms-20240610_lab.xml (EX-101.LAB) — 21KB
• mms-20240610_pre.xml (EX-101.PRE) — 12KB
• mms-20240610_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On June 10, 2024, the Board of Directors of Maximus, Inc. (the "Company") approved an increase to the existing stock purchase program. The increased stock purchase program authorizes the Company to purchase up to an aggregate amount of $200 million of the Company's common stock, no par value ("Common Stock"), including approximately $6 million of remaining availability under the existing program. The Company intends to purchase shares opportunistically at prevailing market prices in the open market, or in privately negotiated transactions, with the amount and timing of purchases depending on market conditions, corporate needs, and other factors. This program does not obligate the Company to acquire any particular amount of Common Stock, has no specified expiration date, and may be extended, modified, suspended or discontinued at any time at the Company's discretion. The Company issued a press release announcing the increase to the existing stock purchase program. A copy of the press release is furnished as Exhibit 99.1 to this report.

Forward-Looking Statements

Forward-Looking Statements Except for historical information, all of the statements, expectations, and assumptions contained in this Current Report on Form 8-K are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's stock purchase program and capital allocation priorities. Actual results may differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include, but are not limited to: the fact that common stock purchases may not be conducted in the timeframe or in the manner the Company expects, or at all, the Company's capital allocation priorities may shift and the other risk factors disclosed in the Company's Annual Report on Form 10-K for the year ended September 30, 2023, as updated by the Company's other filings with the Securities and Exchange Commission, copies of which are available free of charge on the Company's website at investor.maximus.com. The Company assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated June 12, 2024 104 Inline XBRL for the cover page of this Current Report on Form 8-K. 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Maximus, Inc. (Registrant) Date: June 12, 2024 /s/ John T. Martinez John T. Martinez Chief Legal Officer and Secretary 2

View Full Filing

View this 8-K filing on SEC EDGAR