Beazer homes announces $50 million share repurchase program

Atlanta--(business wire)--beazer homes usa, inc. (nyse: bzh) (www.beazer.com) today announced that its board of directors has approved a new share repurchase program authorizing management to repurchase up to $50 million of the company's outstanding common stock. this new authorization replaces a prior share repurchase authorization pursuant to which $12 million of capacity was remaining. importantly, the company also reiterated its expectation to achieve a net debt to net capitalization ratio
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