Marketwatch - 18/04/2024 23:21  

KB Home board authorizes $1 billion stock buyback, raises dividend by 25%

KB Home's board has authorized the repurchase of up to $1 billion in shares and raised the company's quarterly dividend to 25 cents a share from 20 cents.

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KB Home's board has authorized the repurchase of up to $1 billion in shares and raised the company's quarterly dividend to 25 cents a share from 20 cents. An ETF that launched on Monday promises investors 100% downside protection if they hold on to the fund, which is intended to track the S&P 500, for a full year. [Read more]
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