tiprankstipranks
Company Announcements

Beazer Homes Accelerates Share Repurchase Program

Story Highlights
  • Beazer Homes elected directors and ratified Deloitte & Touche LLP at its 2025 stockholder meeting.
  • The company is accelerating share repurchases, affecting debt reduction goals but aligning with long-term strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beazer Homes Accelerates Share Repurchase Program

Discover the Best Stocks and Maximize Your Portfolio:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1