Previously disclosed millrose spin-off record date and election period for lennar stockholders begins today

Miami , jan. 21, 2025 /prnewswire/ -- lennar corporation (nyse: len and len.b) ("lennar") is issuing this press release to remind lennar stockholders that the previously disclosed record date and election period for the taxable spin-off of approximately 80% of the stock of millrose properties, inc. ("millrose") begins today. on february 7, 2025, each holder of lennar class a or class b common stock as of the close of business today (january 21, 2025) (the "record date") shall receive one share of millrose class a common stock for each two shares of lennar class a or class b common stock held of record on the record date.
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