Toll Brothers, Inc. Buyback
OLI recorded this information on 12/13/2023
Company:
Toll Brothers, Inc.
Buyback:
TOL buyback
Share Amount Authorized:
20,000,000
Buyback Details:
Toll Brothers, Inc. (NYSE: TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.21 per share will be paid on January 26, 2023 to shareholders of record on the close of business on January 12, 2023. Toll Brothers also announced today that its Board of Directors has approved a new 20 million share repurchase authorization to replace its existing authorization. From May 2022 (the date of the previous authorization) through December 12, 2023, the Company repurchased approximately 13.3 million shares, or 12% of shares outstanding in May 2022, for an aggregate purchase price of approximately $800 million, or approximately $60.15 per share.
Toll Brothers designs, builds, markets, sells, and arranges financing for an array of residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. Co. caters to first-time, move-up, empty-nester, active-adult and second-home buyers in the U.S., as well as urban and suburban renters under the brand names Toll Brothers Apartment Living® and Toll Brothers Campus Living®. Co. also designs, builds, markets, and sells urban condominiums with third-party joint venture partners through Toll Brothers City Living®. Co. is operating in various states and in the District of Columbia.
TOL SEC Filing Email Alerts Service
Open the TOL Page at The Online Investor »
|
||||||||||||||||||||||||
Open the TOL Page at The Online Investor (in a new window) »
 Free TOL Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
  
|
Buy (2.94 out of 4) 22nd percentile
(ranked lower than approx. 78% of all stocks covered)
Analysts' Target Price: TOL Stock Forecast Based on Zacks ABR data; powered by Xignite |
