Taylor Morrison Home Renews Stock Buyback Program

Taylor Morrison Home Corp's TMHC Board of Directors has authorized a renewal of its stock repurchase program through June 30, 2024.
The program permits the repurchase of up to $250 million of the common stock, replacing the prior $250 million buyback approval scheduled to expire on December 31, 2022.
The company held $374.9 million in cash and equivalents as of September 30, 2021.
Price Action: TMHC shares are trading lower by 1.62% at $34.41 on the last check Monday.