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Benzinga
Benzinga
Business
Shivani Kumaresan

Taylor Morrison Home Renews Stock Buyback Program

  • Taylor Morrison Home Corp's (NYSE:TMHC) Board of Directors has authorized a renewal of its stock repurchase program through June 30, 2024.
  • The program permits the repurchase of up to $250 million of the common stock, replacing the prior $250 million buyback approval scheduled to expire on December 31, 2022.
  • The company held $374.9 million in cash and equivalents as of September 30, 2021.
  • Price Action: TMHC shares are trading lower by 1.62% at $34.41 on the last check Monday.
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