NVR authorizes $750 million share repurchase program

NVR Inc. (NYSE: NVR) announced that its board of directors authorized the repurchase of up to $750 million of its outstanding common stock, according to a company statement. The authorization does not include an expiration date.

The homebuilder stated that purchases will occur from time to time in open market transactions and privately negotiated deals as market conditions permit. The company indicated this authorization continues its stock repurchase program that began in 1994.

The new authorization prohibits NVR from purchasing shares from company officers, directors, its Profit Sharing/401(k) Plan Trust, or Employee Stock Ownership Plan Trust. As of February 9, 2026, NVR had 2,793,760 total shares of common stock outstanding.

NVR operates in homebuilding and mortgage banking segments. The company sells and builds homes under the Ryan Homes, NVHomes, and Heartland Homes brands, operating in 37 metropolitan areas across 16 states and Washington, D.C.

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