Invitation Homes Says Bd Authorizes $500M of New Share Buybacks
Dow Jones10-29
Invitation Homes said its board of directors authorized an additional $500 million share-repurchase program, marking its second such program this year.
In April, the company said its board approved a $500 million stock-repurchase authorization. From Dec. 1, 2025 through Oct. 27, the company bought back nearly $1 billion of its shares, it said.
For the third quarter, the single-family-home leasing-and-management company reported earnings per share of 27 cents on revenue of $731.3 million. In the year-earlier period, the company reported earnings per share of 22 cents on revenue of $688.2 million.
Invitation Homes has a market cap of $16.05 billion, 590.6 million shares outstanding and a public float of 585.3 million shares.
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