other material
confidence high
sentiment positive
materiality 0.55
Taylor Morrison enters $50M accelerated share repurchase with JPMorgan
Taylor Morrison Home Corp
- Company entered ASR agreement to repurchase $50M of its common stock under existing $500M buyback program.
- Initial delivery of shares equal to 80% of $50M based on June 7 closing price; final settlement by Q3 2024.
- Total share repurchase will be based on volume-weighted average price during the term, less discount.