NVR (NVR) said Tuesday its board authorized the repurchase of up to $750 million of its common shares from time to time, with no expiration date.
The company indicated the share buyback authorization is an extension of a repurchase program that started in 1994, according to a statement.
Shares of NVR were down 1.4% in recent trading.
Price: 6981.02, Change: -95.39, Percent Change: -1.35