Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization
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Meritage Homes Corporation has declared a quarterly dividend of $0.75 per share and increased its share repurchase authorization by $250 million.
November 22, 2024 | 12:45 am
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POSITIVE IMPACT
Meritage Homes declared a quarterly dividend of $0.75 per share and increased its share repurchase authorization by $250 million.
The announcement of a dividend and an increase in share repurchase authorization is typically seen as a positive signal by the market, indicating the company's strong financial position and commitment to returning value to shareholders. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100