Tri Pointe Homes, Inc. (TPH) Approves $100M Buyback

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Go back to Tri Pointe Homes, Inc. (TPH) Approves $100M Buyback

TRI Pointe Group, Inc. Announces Authorization of $100 Million Stock Repurchase Program

February 28, 2017 4:30 PM EST

IRVINE, Calif., Feb. 28, 2017 (GLOBE NEWSWIRE) -- TRI Pointe Group, Inc. (NYSE: TPH) (the Company) today announced that its Board of Directors has approved a $100 million stock repurchase program, effective February 23, 2017 (the Repurchase Program).

Under the Repurchase Program, the Company may repurchase its common stock with an aggregate value of up to $100 million through March 31, 2018. The Repurchase Program does not obligate the Company to repurchase any particular amount or number of shares of common stock, and it may be modified, suspended or discontinued at any time. The timing and amount of repurchases,... More