ASGN to rebrand as Everforth, announces $1 billion share buyback

RICHMOND, Va. - ASGN Incorporated (NYSE:ASGN) announced Thursday plans to unify its six brands under a new parent identity called Everforth. The IT services provider, whose shares currently trade at $40.01 and have fallen over 52% in the past year, will transition its Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc businesses to the new brand in the first half of 2026.

The company said the rebranding aims to streamline operations and enhance collaboration across its enterprise while maintaining existing client relationships during the transition period.

"The transition to the Everforth brand reflects our commitment to continuous progress and sets the stage for even greater impact," said Ted Hanson, Chief Executive Officer, in a statement released by the company.

Alongside the rebranding announcement, ASGN’s Board of Directors has authorized a new $1 billion share repurchase program, which the company described as the largest in its history.

According to Shiv Iyer, President of ASGN, the rebranding represents "more than a name or logo" and marks the company’s "next chapter" in its development.

The company indicated that the unified brand structure is intended to improve operational efficiencies and expand cross-selling opportunities while maintaining its focus on topline growth and margin expansion.

ASGN provides technology and digital engineering services across six solution areas including AI & data, cloud infrastructure, digital engineering, customer experience, cybersecurity, and enterprise platforms for both commercial and government clients.

The information in this article is based on a press release statement from ASGN Incorporated.

In other recent news, ASGN Incorporated reported third-quarter 2025 earnings that exceeded analyst expectations. The company posted an earnings per share of $1.31, surpassing the projected $1.22, and achieved a revenue of $1.01 billion, slightly above the anticipated $1 billion. In addition to its financial performance, ASGN unveiled its new AI Factory framework, designed to help organizations scale artificial intelligence solutions more effectively. This framework addresses common challenges such as fragmented tools and governance issues, and includes components like an AI Delivery Engine and an AI Watchtower for monitoring applications.

Truist Securities has reiterated its Buy rating on ASGN, maintaining a price target of $65.00. The firm anticipates the company’s upcoming investor day as a chance for ASGN management to highlight strategic elements. These developments underscore ASGN’s ongoing efforts to enhance its offerings and maintain investor interest.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.