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Meritage Homes Announces Quarterly Cash Dividend and $500M Increase to Share Repurchase Authorization

1. Meritage declared a quarterly dividend of $0.43 per share. 2. A $500 million increase in share repurchase authorization was approved. 3. Meritage operates across multiple U.S. states, focusing on affordable homes. 4. They are recognized for energy-efficient and quality construction. 5. Company has delivered over 200,000 homes in 40 years.

Shares Buyback
+6.93%Current Return
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+1.54%S&P 500
$74.8908/21 05:32 PM EDTEvent Start
$80.0808/22 11:34 PM EDTLatest Updated
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FAQ

Why Bullish?

Dividends and share buybacks increase shareholder value, similar to past initiatives boosting stock prices.

How important is it?

The announcement directly enhances shareholder value, indicating strong company performance.

Why Short Term?

The dividend and buyback announcements will likely boost investor confidence quickly.

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LENDHIPHM
SCOTTSDALE, Ariz., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.43 per share. This dividend is payable on September 30, 2025 to shareholders of record as of the close of trading on September 16, 2025. Meritage’s Board of Directors has also approved a $500 million increase to the Company’s share repurchase authorization. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. Meritage has delivered over 200,000 homes in its 40-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA's Indoor airPLUS Leader Award. For more information, visit www.meritagehomes.com. Contacts:Emily Tadano, VP Investor Relations and External Communications (480) 515-8979 (office) investors@meritagehomes.com  

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