other material
confidence high
sentiment positive
materiality 0.60
Taylor Morrison enters $50M accelerated share repurchase agreement with JPMorgan
Taylor Morrison Home Corp
- Enters $50M ASR with JPMorgan; pays on March 7, receives 80% initial shares based on March 5 close.
- Final settlement by Q3 2024 based on VWAP of common stock during term, less discount.
- Repurchase is part of previously announced $500M buyback program.