By Katherine Hamilton
NVR has authorized a share buyback worth $750 million.
The homebuilding and mortgage banking company said Tuesday the authorization is a continuation of a buyback program that started in 1994.
The program doesn't have an expiration date. The company can't purchase shares from its officers, directors or profit-sharing trusts.
NVR had about 2.9 million shares worth $7,076 each at the market close on Monday.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 06, 2025 14:31 ET (18:31 GMT)
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