As of November 20, 2025, Meritage has repurchased $128M of shares in the fourth quarter and $273M of shares on a year to date basis. There is $536M remaining under the current authorization program. Meritage expects to complete the fourth quarter with $150M of total repurchases. “In light of current market conditions, we have adjusted our capital allocation plan for 2026. Assuming no material additional market dynamic shifts, we plan to increase our programmatic share repurchase commitment and repurchase $100 million in shares per quarter next year as we expect reduced land acquisition and development spend,” said Phillippe Lord, chief executive officer of Meritage Homes (MTH).
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTH:
- When the Levee Breaks: How a Flood of Existing Homes On to the Market Could Sink Builder Stocks
- Meritage Homes Earnings Call: Navigating Challenges
- Meritage Homes price target lowered to $101 from $107 at UBS
- Meritage Homes Reports Q3 2025 Financial Results
- Meritage Homes reports Q3 adjusted EPS $1.55, consensus $1.72