Lennar Corp. (LEN) Announces Up to $1B Share Buyback

October 15, 2021 4:30 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors increased the authorization for the Company to repurchase its own shares from time to time by up to the lesser of $1 billion in purchase price, or 25 million in shares, of the Company's outstanding Class A or Class B common stock. The repurchase authorization has no expiration date.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Stock Buybacks

Related Entities

Stock Buyback