10.01.2024 16:14:04 - dpa-AFX: Lennar Gains On $5 Bln Stock Buyback Authorization, Higher Annual Dividend

WASHINGTON (dpa-AFX) - Lennar Corp. (LEN) shares are gaining more than 4
percent on Wednesday morning trade after the company announced the repurchase of
an additional $5 billion in outstanding Class A or Class B common stock from
open-market or private transactions.

Further, the company announced an increase in annual dividend to $2.00 from
$1.50 per share, payable on February 7, on record January 24.

Currently, shares are at $153.44, up 3.74 percent from its previous close of
$148.16 on a volume of 660,293.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
LENNAR CORP.A DL-,10 851022 Frankfurt 143,480 05.06.24 15:53:30 -2,980 -2,03% 0,000 0,000 143,700 146,460

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