other material
confidence high
sentiment positive
materiality 0.70
Taylor Morrison boosts stock buyback to $500M; shareholders re-elect directors
Taylor Morrison Home Corp
- Board authorized $500M share repurchase through Dec 31, 2023, replacing prior $250M authorization.
- At May 26 annual meeting, all 8 director nominees re-elected; say-on-pay and Deloitte ratification approved.
- Equity plan amended to increase share reserve by ~1M shares and extend term to May 26, 2032.
- CEO Sheryl Palmer cited strong cash flow and balance sheet for enhanced capital return flexibility.