Tranche Update on Tri Pointe Homes, Inc.'s Equity Buyback Plan announced on February 21, 2023.
February 22, 2024 at 04:09 pm EST
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From October 1, 2023 to December 21, 2023, the company has repurchased 1,836,177 shares, representing 1.89% for $50 million. With this, the company has completed the repurchase of 6,301,275 shares, representing 6.35% for $174.44 million under the buyback announced on February 21, 2023.
Tri Pointe Homes, Inc. operates as a homebuilder, which is engaged in the design, construction, and sale of single-family attached and detached homes. It offers its services across ten states, including Arizona, California, Colorado, Maryland, Nevada, North Carolina, South Carolina, Texas, Virginia and Washington, and the District of Columbia. The Company operates through two businesses: homebuilding and financial services. Its three homebuilding segments include West Region, which includes Arizona, California, Nevada, and Washington; Central Region, which includes Colorado and Texas, and East Region, which includes the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. Its Tri Pointe Solutions financial services operation comprises its Tri Pointe Connect mortgage financing operations, its Tri Pointe Assurance title and escrow services operations, and its Tri Pointe Advantage property and casualty insurance agency operations.
TRI POINTE HOMES, INC. 
