Kb home announces new $1 billion share repurchase authorization and increase in quarterly dividend

Los angeles--(business wire)---- $kbh #dividend--kb home (nyse: kbh) today announced that its board of directors authorized the repurchase of up to $1.00 billion of the company's outstanding common stock, replacing a prior authorization, which had $113.6 million remaining. the company intends to continue its share repurchases in 2024 in a projected range of between $200 million and $400 million for the full year, including $50 million of share repurchases completed during the company's 2024 first quarter. the com.
KBH Ratings Summary
KBH Quant Ranking