other material
confidence high
sentiment positive
materiality 0.75
KB Home board authorizes $300M share buyback and declares $0.15 Q2 dividend
KB HOME
- New $300M share repurchase authorization replaces prior plan with 331,400 shares remaining.
- Quarterly cash dividend of $0.15 per share declared, payable May 19, 2022 to holders of record May 5, 2022.
- Annual meeting results: all 11 director nominees elected with >94% For; say-on-pay approved 76.5%; EY ratified as auditor with 96.1% For.
- Repurchases may occur through open market or private transactions at management's discretion.