Century Communities (CCS) Tops Q3 EPS by 18c, Approves 4.5M Share Buyback, Reiterates Guidance

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Century Communities Reports Third Quarter 2018 Results

November 6, 2018 4:06 PM EST

- Home Sales Revenues Increased 47% to a Record $552.9 Million -

- Home Deliveries Grew 80% and Net New Home Contracts Up 66% -

- Announces Stock Repurchase Program of Up to 4.5 Million Shares -

- Reiterates 2018 Outlook for Revenue and Deliveries -

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced financial results for its third quarter ended September 30, 2018.

Third Quarter 2018 Highlights Compared to Third Quarter 2017

Adjusted net income increased... More

Century Communities Announces Stock Repurchase Program of Up to 4.5 Million Shares

November 6, 2018 4:05 PM EST

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to 4,500,000 shares of its outstanding common stock.

The shares may be repurchased from time to time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws. The actual manner, timing, amount and value of share repurchases under the stock repurchase program will be determined by... More