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Beazer Homes ( (BZH) ) has provided an update.
On February 6, 2025, Beazer Homes held its annual stockholder meeting where key decisions included the election of directors and the ratification of Deloitte & Touche LLP as the independent accounting firm for the fiscal year ending September 30, 2025. The company also announced an acceleration in its share repurchase program, taking advantage of a share price dislocation, aiming to buy back shares at a significant discount to book value. This strategic move is expected to moderately affect debt reduction goals but aligns with Beazer’s long-term financial strategy. The company reaffirmed its commitment to reducing its net debt to net capitalization ratio and achieving its multi-year goals.
More about Beazer Homes
Beazer Homes, headquartered in Atlanta, is one of the largest homebuilders in the United States. The company is dedicated to providing high-performance homes with options for customization through its Beazer’s Choice Plans™. Beazer operates in various states, including Arizona, California, and Texas, and offers a Mortgage Choice program to help customers compare loan options.
YTD Price Performance: -18.06%
Average Trading Volume: 355,812
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $683.7M
Find detailed analytics on BZH stock on TipRanks’ Stock Analysis page.