NVR, Inc. announced on August 8, 2025, that its Board of Directors authorized the repurchase of up to an aggregate of $750 million of its outstanding common stock. This authorization does not have an expiration date, providing the company with continued flexibility.
The company plans to execute these purchases from time to time in the open market or through privately negotiated transactions, as market conditions permit. This action is a continuation of NVR's ongoing stock repurchase program, which began in 1994.
This program is consistent with NVR's strategy of maximizing shareholder value by reducing the total number of common shares outstanding. As of August 7, 2025, NVR had 2,872,926 total shares of common stock outstanding.
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