Tri Pointe Homes' Board Approves $250M Buyback Program

Dow Jones12-19
 

By Connor Hart

 

The board of Tri Pointe Homes has authorized a $250 million share repurchase program for 2025, the same amount as in 2024.

The Incline Village, Nev., homebuilder said Wednesday that the buybacks can be made in open market transactions, in block trades or by other means in accordance with federal securities laws.

The program succeeds its 2024 program, under which the company repurchased nearly 4 million shares of common stock valued at about $146.6 million.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

December 18, 2024 17:30 ET (22:30 GMT)

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