Tri Pointe Homes Approves $250 Million Share Repurchase Program

MT Newswires Live12-19

Tri Pointe Homes (TPH) said late Wednesday its board approved a new stock repurchase program of up to $250 million.

The repurchase program expires on Dec. 31, 2025, according to the company.

Tri Pointe Homes said it repurchased about 1.2 million shares for $50 million during Q4 through Dec. 17 and about 4 million shares for $146.6 million for the full year through the same date.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment