{"id":811631,"date":"2025-02-11T12:03:15","date_gmt":"2025-02-11T17:03:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/"},"modified":"2025-02-11T12:03:15","modified_gmt":"2025-02-11T17:03:15","slug":"m-i-homes-announces-250-million-share-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/","title":{"rendered":"M\/I Homes Announces $250 million Share Repurchase Authorization"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">COLUMBUS, Ohio<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 11, 2025<\/span><\/span> \/PRNewswire\/ &#8212; M\/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to <span class=\"xn-money\">$250 million<\/span> of its common shares. The <span class=\"xn-money\">$250 million<\/span> authorization replaces the Company&#8217;s prior authorization (which had <span class=\"xn-money\">$107 million<\/span> of remaining availability as of <span class=\"xn-chron\">January 31, 2025<\/span>).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/626967\/MI_Homes_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/626967\/MI_Homes_Logo.jpg\" title=\"M\/I Homes, Inc. Logo (PRNewsfoto\/M\/I Homes, Inc.)\" alt=\"M\/I Homes, Inc. Logo (PRNewsfoto\/M\/I Homes, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Such common shares may be purchased through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws. The timing and amount of any purchases will be determined by the Company&#8217;s management at its discretion based on a variety of factors, including the market price of the Company&#8217;s common shares, business considerations, general market and economic conditions and legal requirements. The authorization has no expiration date and may be modified, discontinued or suspended at any time.<\/p>\n<p>M\/I Homes, Inc. is one of the nation&#8217;s leading homebuilders of single-family homes. The Company has homebuilding operations in <span class=\"xn-location\">Columbus<\/span> and <span class=\"xn-location\">Cincinnati, Ohio<\/span>; <span class=\"xn-location\">Indianapolis, Indiana<\/span>; <span class=\"xn-location\">Chicago, Illinois<\/span>; <span class=\"xn-location\">Minneapolis\/St. Paul, Minnesota<\/span>; <span class=\"xn-location\">Detroit, Michigan<\/span>; <span class=\"xn-location\">Tampa<\/span>, <span class=\"xn-location\">Sarasota<\/span>, <span class=\"xn-location\">Fort Myers<\/span>\/<span class=\"xn-location\">Naples<\/span> and <span class=\"xn-location\">Orlando, Florida<\/span>; <span class=\"xn-location\">Austin<\/span>, <span class=\"xn-location\">Dallas\/Fort Worth<\/span>, <span class=\"xn-location\">Houston<\/span> and <span class=\"xn-location\">San Antonio, Texas<\/span>; <span class=\"xn-location\">Charlotte<\/span> and <span class=\"xn-location\">Raleigh, North Carolina<\/span>; and <span class=\"xn-location\">Nashville, Tennessee<\/span>. Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;targets,&#8221; &#8220;envisions,&#8221; &#8220;goals,&#8221; &#8220;projects,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; variations of such words and similar expressions are intended to identify such forward-looking statements. These statements involve a number of risks and uncertainties. Any forward-looking statements that we make herein and in any future reports and statements are not guarantees of future performance, and actual results may differ materially from those in such forward-looking statements as a result of various factors, including, without limitation, factors relating to the economic environment, interest rates, availability of resources, competition, market concentration, land development activities, construction defects, product liability and warranty claims and various governmental rules and regulations, as more fully discussed in the &#8220;Risk Factors&#8221; section of the Company&#8217;s Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2023<\/span>, as the same may be updated from time to time in our subsequent filings with the Securities and Exchange Commission. All forward-looking statements made in this press release are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed herein will increase with the passage of time. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in our subsequent filings, releases or presentations should be consulted.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL15777&amp;sd=2025-02-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/mi-homes-announces-250-million-share-repurchase-authorization-302373793.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/mi-homes-announces-250-million-share-repurchase-authorization-302373793.html<\/a><\/p>\n<p>SOURCE  M\/I Homes, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL15777&amp;Transmission_Id=202502111200PR_NEWS_USPR_____CL15777&amp;DateId=20250211\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire COLUMBUS, Ohio , Feb. 11, 2025 \/PRNewswire\/ &#8212; M\/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares. The $250 million authorization replaces the Company&#8217;s prior authorization (which had $107 million of remaining availability as of January 31, 2025). Such common shares may be purchased through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws. The timing and amount of any purchases will be determined by the Company&#8217;s management at its discretion based on a variety of factors, including the market price of the Company&#8217;s common shares, business considerations, general market &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;M\/I Homes Announces $250 million Share Repurchase Authorization&#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-811631","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>M\/I Homes Announces $250 million Share Repurchase Authorization - 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\/m-i-homes-announces-250-million-share-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"M\/I Homes Announces $250 million Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire COLUMBUS, Ohio , Feb. 11, 2025 \/PRNewswire\/ &#8212; M\/I Homes, Inc. (NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares. The $250 million authorization replaces the Company&#8217;s prior authorization (which had $107 million of remaining availability as of January 31, 2025). Such common shares may be purchased through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws. The timing and amount of any purchases will be determined by the Company&#8217;s management at its discretion based on a variety of factors, including the market price of the Company&#8217;s common shares, business considerations, general market &hellip; Continue reading &quot;M\/I Homes Announces $250 million Share Repurchase Authorization&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-11T17:03:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/626967\/MI_Homes_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"M\\\/I Homes Announces $250 million Share Repurchase Authorization\",\"datePublished\":\"2025-02-11T17:03:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/\"},\"wordCount\":466,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/626967\\\/MI_Homes_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/m-i-homes-announces-250-million-share-repurchase-authorization\\\/\",\"name\":\"M\\\/I Homes Announces $250 million Share Repurchase Authorization - 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(NYSE:MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares. The $250 million authorization replaces the Company&#8217;s prior authorization (which had $107 million of remaining availability as of January 31, 2025). Such common shares may be purchased through open market transactions, privately negotiated transactions or otherwise in accordance with all applicable laws. The timing and amount of any purchases will be determined by the Company&#8217;s management at its discretion based on a variety of factors, including the market price of the Company&#8217;s common shares, business considerations, general market &hellip; Continue reading \"M\/I Homes Announces $250 million Share Repurchase Authorization\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-11T17:03:15+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/626967\/MI_Homes_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"M\/I Homes Announces $250 million Share Repurchase Authorization","datePublished":"2025-02-11T17:03:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/"},"wordCount":466,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/626967\/MI_Homes_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/m-i-homes-announces-250-million-share-repurchase-authorization\/","name":"M\/I Homes Announces $250 million Share Repurchase Authorization - 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