FX.co ★ M/I Homes To Repurchase Up To $250 Mln Of Its Common Shares

M/I Homes Inc., known as MHO, announced that its board has approved a new authorization for share repurchase. Under this authorization, the company has the potential to buy back up to $250 million of its own common shares. This new $250 million authorization takes the place of the company's previous authorization, which, as of April 30, 2024, had $103 million left in availability. According to the company, this authorization doesn't have an expiration date and is subject to modification, discontinuation, or suspension at any moment.