{"id":385551,"date":"2020-11-19T16:08:22","date_gmt":"2020-11-19T21:08:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385551"},"modified":"2020-11-19T16:08:22","modified_gmt":"2020-11-19T21:08:22","slug":"the-new-home-company-announces-new-stock-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-new-home-company-announces-new-stock-repurchase-program\/","title":{"rendered":"The New Home Company Announces New Stock Repurchase Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>The New Home Company Announces New Stock Repurchase Program<\/b><\/p>\n<p>ALISO VIEJO, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe New Home Company Inc. (NYSE: NWHM) today announced a new stock repurchase program.\n<\/p>\n<p>\nThe New Home Company Inc. (NYSE:NWHM) (the \u201cCompany\u201d) today announced that on November 18, 2020 its Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $10 million of Company stock. The new plan replaces its previous $15 million authorization, under which, as of November 19, 2020, there was $1.7 million of remaining availability.\n<\/p>\n<p>\nThe timing, amount and other terms and conditions of any repurchases of shares of the common stock under the stock repurchase program will be determined by management at its discretion based on a variety of factors, including the market price of our common stock, corporate considerations, general market and economic conditions and legal requirements. The stock repurchase program does not have an expiration date and may be modified, discontinued or suspended at any time. The Company intends to retire any shares repurchased.\n<\/p>\n<p><b>About The New Home Company<\/b><\/p>\n<p>\nNWHM is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area. The Company is headquartered in Aliso Viejo, California. For more information about the Company and its new home developments, please visit the Company&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.NWHM.com&amp;esheet=52332586&amp;newsitemid=20201119006153&amp;lan=en-US&amp;anchor=www.NWHM.com&amp;index=1&amp;md5=46eacc56c73704fdebbda3909e1c258d\">www.NWHM.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119006153r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119006153\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119006153\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations | Drew Mackintosh | 949-382-7838 | <a rel=\"nofollow\" href=\"mailto:investorrelations@nwhm.com\">investorrelations@nwhm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Construction &amp; Property Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119006153\/en\/494846\/3\/NHC2013_logo_C01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The New Home Company Announces New Stock Repurchase Program ALISO VIEJO, Calif.&#8211;(BUSINESS WIRE)&#8211; The New Home Company Inc. (NYSE: NWHM) today announced a new stock repurchase program. The New Home Company Inc. (NYSE:NWHM) (the \u201cCompany\u201d) today announced that on November 18, 2020 its Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $10 million of Company stock. The new plan replaces its previous $15 million authorization, under which, as of November 19, 2020, there was $1.7 million of remaining availability. The timing, amount and other terms and conditions of any repurchases of shares of the common stock under the stock repurchase program will be determined by management at its discretion based on a variety &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-new-home-company-announces-new-stock-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The New Home Company Announces New Stock Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385551","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The New Home Company Announces New Stock Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-new-home-company-announces-new-stock-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The New Home Company Announces New Stock Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The New Home Company Announces New Stock Repurchase Program ALISO VIEJO, Calif.&#8211;(BUSINESS WIRE)&#8211; The New Home Company Inc. (NYSE: NWHM) today announced a new stock repurchase program. The New Home Company Inc. (NYSE:NWHM) (the \u201cCompany\u201d) today announced that on November 18, 2020 its Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $10 million of Company stock. The new plan replaces its previous $15 million authorization, under which, as of November 19, 2020, there was $1.7 million of remaining availability. 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