M/I Homes (MHO) announced that its board approved a new share repurchase authorization, pursuant to which the company may purchase up to $250M of its common shares. The $250M authorization replaces the company’s prior authorization, which had $107M of remaining availability as of January 31.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MHO: