PulteGroup Increases Share Repurchase Authorization by $1 Billion
Buybacks
April 25, 2023
April 25, 2023
PulteGroup, Inc. announced on Monday that its Board of Directors has approved an increase in the Company's share repurchase authorization by $1.0 billion. This announcement comes after the strong operating and financial results of the homebuilding operations of PulteGroup. This increase brings the total share repurchase authorization to $1.2 billion.
According to Ryan Marshall, PulteGroup President and CEO, PulteGroup's strong operating and financial results enabled them to strategically allocate capital to grow their business over time. Despite the recent volatile market dynamics, PulteGroup remains committed to returning funds to shareholders as they focus on creating long-term shareholder value.
Members of LevelFields received the alert of this event on April 25, 6:45 AM ET
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