NVR, INC. ANNOUNCES SHARE REPURCHASE AUTHORIZATION | NVR Stock News
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NVR, Inc. has authorized the repurchase of up to $750 million of its common stock, with no expiration date for the authorization. The repurchases will occur in the open market or through private transactions as market conditions allow. This action continues NVR's long-standing strategy to maximize shareholder value, which began in 1994. The new authorization prohibits purchases from company officers, directors, and certain trusts. NVR operates in homebuilding and mortgage banking across multiple states and D.C.
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