A global design and engineering firm, Stantec plans, designs, and manages infrastructure and building projects for cities, companies, and communities — from water and energy systems to schools, hospitals, and civic landmarks. It was founded in 1954 in Edmonton, Canada, by environmental engineer Dr. Don Stanley, who famously drove thousands of kilometers across the prairies in his early years to court small-town clients. The name "Stantec" blends "Stanley" and "technology," adopted in 1998 after the firm discovered another company already used "Stanley Engineering."
Stantec increases NCIB share repurchase limit to 5% of outstanding shares
Stantec received TSX approval to raise the maximum common shares repurchasable under its NCIB from 2,281,339 (2%) to 5,703,349 (5%) of shares outstanding as of March 2, 2026.
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As of August 17, 2026, Stantec had repurchased and cancelled 1,667,292 common shares at a weighted average price of $103.43 under the current NCIB.
The amended NCIB with the higher limit will commence on August 20, 2026 and terminate no later than March 11, 2027.
The automatic share purchase plan (ASPP) remains in effect and will terminate when the NCIB limit is reached, the NCIB expires, or Stantec terminates the plan.
Stantec believes its shares may be undervalued and that repurchases are a desirable use of funds consistent with its capital deployment strategy.
Stantec reports Q2 2026 net revenue up 11.5% to $1.8B, raises adjusted EBITDA margin outlook
Q2 2026 net revenue increased 11.5% year-over-year to $1.8 billion, with acquisition growth of 7.1% and organic growth of 3.7%.
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Adjusted EBITDA rose 17.1% to $332.9 million, and adjusted EBITDA margin expanded 90 basis points to 18.7%.
Diluted EPS was $1.32, up 10.9%, and adjusted EPS was $1.61, up 18.4% compared to Q2 2025.
Contract backlog reached $9.2 billion, up 17.5% year-over-year, representing about 13 months of work.
Stantec acquired Niche, a 200-person Australian engineering and environmental consultancy, on July 31, 2026, and declared a dividend of $0.245 per share payable October 15, 2026.
Stantec, with partner JMT, was awarded a US$150 million joint venture contract by the U.S. Army Corps of Engineers, Charleston District.
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The contract covers design of coastal storm risk management infrastructure for the Charleston peninsula, part of a US$1.2 billion program.
Designs include storm surge barriers, floodwalls, levees, pump stations, gate structures, and nature-based features like living shorelines and oyster reefs.
Stantec cites prior coastal resilience work, including New Orleans canal closures and a Galveston levee system, as relevant experience.
The project aims to protect Charleston's 40,000+ residents and historic landmarks from storm surge.
Stantec CEO Gordon Johnston to retire Oct 1, 2026; Susan Reisbord named successor
Johnston will remain on Stantec's Board of Directors as vice chair after his retirement.
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Gordon A. Johnston will retire as president and CEO of Stantec effective October 1, 2026, after 8.5 years in the role.
Susan Reisbord, currently COO of North America, will become president and CEO on October 1, 2026, and join the Board.
Reisbord joined Stantec in 2021 via the Cardno acquisition, where she had been CEO; she led Environmental Services before becoming North America COO in 2025.
The transition follows a Board-led succession plan and was announced via news release on June 17, 2026.
Stantec names Susan Reisbord CEO; Gord Johnston to become vice chair
Susan Reisbord, currently COO of North America, will become president and CEO, effective October 1, 2026.
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Gord Johnston will retire as president and CEO effective October 1, 2026, and remain on the board as vice chair.
Reisbord joined Stantec in 2021 through the Cardno acquisition, where she was CEO, and later led Environmental Services before becoming COO of North America in 2025.
The transition follows a long-standing, board-led succession plan; client relationships and operations remain unchanged.
Johnston served as CEO for eight and a half years, during which Stantec expanded its global footprint and refined its strategy.