Taylor Morrison Home Corporation
Taylor Morrison Initiates $50M Share Repurchase Agreement
Summary
On November 14, 2024, Taylor Morrison Home Corporation entered into an accelerated share repurchase agreement with JPMorgan Chase Bank for $50 million, as part of its previously announced $1 billion share repurchase program. Under the agreement, the company will purchase its common stock based on the volume-weighted average price during the term of the agreement, with final settlement expected in the first quarter of 2025.
Profitelligence Alerts
Get alerts for TMHC
Be first to know when Taylor Morrison Home Corporation files with the SEC.
Filing Categories
Advertisement
About Taylor Morrison Home Corporation
Taylor Morrison Home Corporation is a residential homebuilder and land developer, primarily focused on providing innovative residential properties throughout the United States. As one of the country's leading public homebuilders, it specializes in the construction and sale of single-family detached and attached homes. Its portfolio caters to various segments, including first-time, move-up, and luxury homebuyers, offering them a range of housing options tailored to different life stages and budgets. Headquartered in Scottsdale, Arizona, Taylor Morrison operates under a strong brand reputation, supported by a commitment to quality craftsmanship and sustainable design. The company significantly influences the housing market in numerous states, predominantly in the South, West, and Central regions of the U.S. In addition to homebuilding, Taylor Morrison provides financial services that facilitate the homeownership process, including mortgage financing, title insurance, and closing services. The corporation plays a crucial role in the broader residential construction sector, responding to the fluctuating demands of the housing market while contributing to community developments and economic growth.
Official SEC Documents
Advertisement