Tranche Update on Green Brick Partners, Inc.'s Equity Buyback Plan announced on May 3, 2023.
May 01, 2024 at 04:29 pm
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From January 1, 2024 to March 31, 2024, the company has repurchased 5,441 shares, representing 0.01% for $0.3 million. With this, the company has completed the repurchase of 5,441 shares, representing 0.01% for $0.3 million under the buyback announced on May 3, 2023.
Green Brick Partners, Inc. is a diversified homebuilding and land development company. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, title and mortgage services, marketing and sales and the creation of brand images at its residential neighborhoods and master planned communities. The Company operates through three segments: Builder operations Central, Builder operations Southeast, and Land development. The Builder operations Central segment represents operations by its builders in Texas. The Builder operations Southeast segment represents operations by its builders in Georgia and Florida. The Land Development segment acquires land for the development of residential lots that are transferred to its controlled builders or sold to third party homebuilders. The Company owns or controls approximately 28,700 home sites in high-growth submarkets.