Smith Douglas Homes authorizes $50M stock repurchase program

Smith Douglas Homes Corp.

Board authorized repurchase of up to $50M of Class A common stock (SDHC).
Repurchases may occur via open market, block trades, private negotiations, or ASRs.
Program has no time limit and can be modified, suspended, or discontinued at any time.
CEO Greg Bennett stated the authorization reflects belief that shares may be undervalued.

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