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10.01.2024 02:53:44 - dpa-AFX: Lennar Increases Annual Dividend To $2.00/shr, Share Repurchase Authorization By $5 Bln
WASHINGTON (dpa-AFX) - Lennar Corp. (LEN, LEN.B) said that its board has
increased its annual dividend to $2.00 per share from $1.50 per share, resulting
in a quarterly cash dividend of $0.50 per share for both Class A and Class B
common stock. The dividend is payable on February 7, 2024 to holders of record
at the close of business on January 24, 2024.
Lennar also announced that its Board has authorized an increase to the company's
stock repurchase program to enable the Company to repurchase up to an additional
$5 billion in value of its outstanding Class A or Class B common stock. The
repurchase authorization has no expiration date.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
increased its annual dividend to $2.00 per share from $1.50 per share, resulting
in a quarterly cash dividend of $0.50 per share for both Class A and Class B
common stock. The dividend is payable on February 7, 2024 to holders of record
at the close of business on January 24, 2024.
Lennar also announced that its Board has authorized an increase to the company's
stock repurchase program to enable the Company to repurchase up to an additional
$5 billion in value of its outstanding Class A or Class B common stock. The
repurchase authorization has no expiration date.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
LENNAR CORP.A DL-,10 | 851022 | Frankfurt | 143,700 | 05.06.24 08:26:18 | -2,760 | -1,88% | 143,920 | 146,060 | 143,700 | 146,460 |
