Tri Pointe (TPH) Homes “announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250M of common stock through December 31, 2025, which succeeds the stock repurchase program that the Board of Directors authorized in December 2023. 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 year through December 17, 2024, under the 2024 Repurchase Program, the Company repurchased 3,964,537 shares of common stock at a weighted average price per share of $36.97 for an aggregate dollar amount of $146.6 million.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TPH:
- TRI Pointe COO sells $3.03M in common stock
- TRI Pointe price target raised to $44 from $42 at Wedbush
- TRI Pointe price target lowered to $45 from $48 at RBC Capital
- TRI Pointe price target lowered to $53 from $56 at Oppenheimer
- TRI Pointe sees Q4 home deliveries 1,600-1,800
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
