The New Home Company Announces New Stock Repurchase Program
November 19 2020 - 4:05PM
Business Wire
The New Home Company Inc. (NYSE: NWHM) today announced a new
stock repurchase program.
The New Home Company Inc. (NYSE:NWHM) (the “Company”) today
announced that on November 18, 2020 its Board of Directors approved
a new stock repurchase program authorizing the repurchase of up to
$10 million of Company stock. The new plan replaces its previous
$15 million authorization, under which, as of November 19, 2020,
there was $1.7 million of remaining availability.
The timing, amount and other terms and conditions of any
repurchases of shares of the common stock under the stock
repurchase program will be determined by management at its
discretion based on a variety of factors, including the market
price of our common stock, corporate considerations, general market
and economic conditions and legal requirements. The stock
repurchase program does not have an expiration date and may be
modified, discontinued or suspended at any time. The Company
intends to retire any shares repurchased.
About The New Home Company
NWHM is a new generation homebuilder focused on the design,
construction and sale of innovative and consumer-driven homes in
major metropolitan areas within select growth markets in California
and Arizona, including Southern California, the San Francisco Bay
area, metro Sacramento and the greater Phoenix area. The Company is
headquartered in Aliso Viejo, California. For more information
about the Company and its new home developments, please visit the
Company's website at www.NWHM.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201119006153/en/
Investor Relations | Drew Mackintosh | 949-382-7838 |
investorrelations@nwhm.com
The New Home (NYSE:NWHM)
Historical Stock Chart
From Jun 2024 to Jul 2024
The New Home (NYSE:NWHM)
Historical Stock Chart
From Jul 2023 to Jul 2024