ITEM 8.01 OTHER EVENTS
On May 19, 2022, the Board of Directors of Meritage Homes Corporation ("the
Company") authorized the expenditure of up to an additional $200.0 million to
repurchase shares of the Company's common stock under the stock repurchase
program that was previously authorized on February 13, 2019. There is no stated
expiration for this program. The repurchases of the Company's shares may be made
in the open market, in privately negotiated transactions, or otherwise. The
timing and amount of repurchases, if any, will be determined by the Company's
management at its discretion and be based on a variety of factors such as the
market price of the Company's common stock, corporate and contractual
requirements, prevailing market and economic conditions and legal requirements.
The share repurchase program may be modified, suspended or discontinued at any
time. The Company intends to retire any shares repurchased.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit Number Description
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
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