Smith Douglas Homes (SDHC) Corp. announced that its Board of Directors has authorized a stock repurchase program for up to $50M of the company’s Class A common stock. “This repurchase authorization underscores the Board and Management’s belief that at times our share price may be undervalued relative to our long-term opportunity. We remain committed to evaluating the strategic deployment of our capital where we believe it can generate shareholder value,” said Greg Bennett, Vice Chairman and Chief Executive Officer.
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