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PulteGroup, Inc. Buyback

OLI recorded this information on 1/30/2025

Company: PulteGroup, Inc.
Buyback: PHM buyback
$Amount Authorized: $2,100,000,000
Buyback Details: PulteGroup, Inc. (NYSE:PHM) announced today that its Board of Directors has approved a $1.5 billion increase to the Company's share repurchase authorization. This increase brings the Company's remaining share repurchase authorization to $2.1 billion. "Following another year of record earnings and strong cash flows from operations, we are increasing our share repurchase authorization by $1.5 billion," said Ryan Marshall, PulteGroup President and CEO. "This latest increase, along with the 10% increase in our dividend in the fourth quarter of 2024, reflects our well established commitment to return excess funds to our shareholders."

PulteGroup, Inc. is a homebuilder in the U.S.. Co.'s segments include Homebuilding and Financial Services. The Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. The Financial Services segment consist principally of mortgage banking, title, and insurance agency operations, through Pulte Mortgage LLC (Pulte Mortgage) and other subsidiaries. Pulte Mortgage arranges financing through the origination of mortgage loans primarily for the benefit of its homebuyers.

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Company Name:  PulteGroup Inc
Stock buyback:  PHM buyback
Short interest:  PHM short interest
Website:  www.pultegroupinc.com
Sector:  General Contractors & Builders
Number of ETFs Holding PHM:  255
 

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November 7, 2025    1:57 AM Eastern
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Buy (3.06 out of 4)
38th percentile
(ranked lower than approx. 62% of all stocks covered)

Analysts' Target Price:
PHM Stock Forecast

Based on Zacks ABR data;
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