Champion Homes, Inc. announced that its Board of Directors authorized a $50 million increase to the company’s existing share repurchase program. This expansion brings the aggregate capacity of the program to $150 million.
The company stated that this decision reflects confidence in its strategy and continued strong cash generation. President and CEO Tim Larson emphasized the commitment to delivering long-term shareholder value through a thoughtful approach to capital allocation.
Repurchases under the program may be executed through various methods, including open market or privately negotiated purchases. The timing and amount of repurchases will depend on market conditions, stock price, and other corporate considerations.
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