Equity

6 Months Ended

Jun. 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
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 June 30, 2021, Quanta is authorized to repurchase up to an additional $489.6 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 June 30, 2021 and 2020, cash payments related to stock repurchases were $29.4 million and none, and during the six months ended June 30, 2021 and 2020, cash payments related to stock repurchases were $48.9 million and $200.0 million.

Dividends

Quanta declared the following cash dividends and cash dividend equivalents during 2020 and the first six months of 2021 (in thousands, except per share amounts):

Declaration	Record	Payment	Dividend		Dividends
Date	Date	Date	Per Share		Declared
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