Hovnanian Board authorizes $25M incremental share repurchase, total authorization $30.6M

HOVNANIAN ENTERPRISES INC

Board authorized $25M incremental increase to existing repurchase program on April 11, 2025.
Total authorized repurchases now $30,601,253 of Class A common stock (including prior amounts).
Repurchases may be made in open market or privately negotiated transactions; no expiration date.
Program can be changed, suspended, or discontinued at any time based on market conditions.

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