By Stephen Nakrosis
Better Home & Finance Holding said its board approved a $25 million share repurchase program for Class A common stock.
Vishal Garg, founder and chief executive, said Better Home believes AI-driven mortgage solutions can make homeownership more affordable and accessible. He added Better Home believes it is poised to benefit from coming deregulation in financial services and housing.
The company has a market capitalization of $142.83 million, 8.55 million shares outstanding and a public float of 5.41 million shares.
Better Home & Finance Holding operates the Tinman technology platform and provides a variety of mortgage offerings.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 22, 2025 16:57 ET (21:57 GMT)
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