Smith douglas homes corp. announces stock repurchase program

Atlanta--(business wire)--smith douglas homes corp. (nyse: sdhc) (“smith douglas” or the “company”) today announced that its board of directors has authorized a stock repurchase program for up to $50.0 million of the company's class a common stock. “this repurchase authorization underscores the board and management's belief that at times our share price may be undervalued relative to our long-term opportunity. we remain committed to evaluating the strategic deployment of our capital where we be.
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