TRI Pointe Group (TPH) Announces $250 Million Stock Repurchase Program

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Go back to TRI Pointe Group (TPH) Announces $250 Million Stock Repurchase Program

Tri Pointe Homes, Inc. Announces $250 Million Stock Repurchase Program

December 18, 2024 4:30 PM EST

INCLINE VILLAGE, Nev., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Tri Pointe Homes, Inc. (the Company) (NYSE: TPH) today announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of common stock through December 31, 2025 (the Repurchase Program), which succeeds the stock repurchase program that the Board of Directors authorized in December 2023 (the 2024 Repurchase Program). For the fourth quarter through December 17, 2024, under the 2024 Repurchase Program, the Company repurchased 1,202,913 shares of common stock at a weighted average price per share of $41.57 for an aggregate dollar amount of $50.0 million. For the full... More