TRI Pointe Group (TPH) Tops Q2 EPS by 17c

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Go back to TRI Pointe Group (TPH) Tops Q2 EPS by 17c

TRI Pointe Group (TPH) Announces Earnings; Expands Stock Buyback by $250M

July 22, 2021 6:10 AM EDT

Tri Pointe Homes, Inc. (NYSE: TPH) today announced results for the second quarter ended June 30, 2021. The Company also announced that its Board of Directors has authorized the repurchase of up to an additional $250 million of common stock under its existing stock repurchase program (Repurchase Program) and extended the term of the Repurchase Program through December 31, 2022, increasing the aggregate authorization under the Repurchase Program from $250 million to $500 million.

Tri Pointe Homes delivered another strong quarter of profitability in the second quarter of 2021, generating fully diluted earnings per share of $1.00, representing a 133% increase as compared to... More