NVR (NYSE:NVR) to Repurchase $750.00 million in Outstanding Shares

NVR (NYSE:NVR) to Repurchase $750.00 million in Outstanding Shares

NVR (NYSE:NVR - Get Free Report) declared that its Board of Directors has approved a stock repurchase program on Wednesday, February 11th, RTT News reports. The company plans to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 3.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believe…