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D.R. Horton board authorizes $5B expansion to buyback plan

D.R. Horton’s board authorized a $5 billion expansion to its stock buyback program, adding to about $53 million already available as of Tuesday, per an SEC filing.

DHI

R. Horton’s board approved a $5 billion expansion of its stock repurchase program. The new authorization adds to roughly $53 million the homebuilder already had available for buybacks as of Tuesday, according to a Securities and Exchange Commission filing.