Meritage Homes Corporation announced that its Board of Directors approved a $500 million increase to the company's share repurchase authorization. This substantial increase reflects the company's ongoing commitment to returning capital to shareholders.
This authorization adds to the existing repurchase program, providing Meritage Homes with enhanced flexibility to manage its capital structure. The company continues to prioritize shareholder returns as part of its overall financial strategy.
The decision underscores management's confidence in the company's financial health and its ability to generate value for investors through disciplined capital allocation.
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