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Taylor Morrison Home Corp (TMHC.N)

TMHC.N on New York Stock Exchange

19.27USD
21 Feb 2017
Change (% chg)

$0.22 (+1.15%)
Prev Close
$19.05
Open
$19.10
Day's High
$19.37
Day's Low
$19.00
Volume
127,337
Avg. Vol
126,100
52-wk High
$21.70
52-wk Low
$12.88

Latest Key Developments (Source: Significant Developments)

Taylor Morrison public offering of 10 mln class A shares priced at $19 per share
Tuesday, 31 Jan 2017 08:31pm EST 

Taylor Morrison Home Corp : Says public offering of 10 million class a shares priced at $19per share . Taylor morrison home corporation announces pricing of public offering of common stock Further company coverage: [TMHC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Taylor Morrison extends and increases stock repurchase program
Monday, 29 Aug 2016 04:15pm EDT 

Taylor Morrison Home Corp : Taylor morrison extends and increases stock repurchase program . Board of directors has authorized an extension of its stock repurchase program until december 31, 2017 . Board authorized repurchase of up to an additional $50 million of company's class a common stock .Program now permits repurchase of up to $57 million of company's class a common stock.  Full Article

Taylor Morrison Q2 earnings per share $0.37
Wednesday, 3 Aug 2016 06:55am EDT 

Taylor Morrison Home Corp : Q2 earnings per share $0.37 . Q2 revenue $854 million . Q2 earnings per share view $0.33, revenue view $793.6 million -- Thomson Reuters I/B/E/S . Backlog of homes under contract at end of quarter was 3,642 units, with a sales value of $1.8 billion . Sees Q3 2016 home closings-expected to be between 1,700 and 1,800 . Homebuilding inventories were $3.2 billion at quarter-end with 4,607 homes in inventory, versus 4,206 homes at end of prior year quarter . Quarterly home closings revenue was $830 million, a 22 percent increase from prior year quarter . Quarterly net sales orders increased 8 percent from prior year quarter to 2,025 .Sees full Year 2016 home closings year-over-year growth expected to be between 10 percent and 15 percent.  Full Article

Taylor Morrison Home Corp acquires Three Divisions of Orleans Homes
Tuesday, 21 Jul 2015 09:05am EDT 

Taylor Morrison Home Corp:Has completed the acquisition of the Charlotte, Raleigh and Chicago operations and homebuilding assets of Orleans Homes for approximately $166 million.Says remaining orleans divisions will continue to operate under the ownership of orleans homes.  Full Article

Taylor Morrison Home Corporation, Oaktree and DMB Pacific Ventures announces a joint venture to purchase Pacifica San Juan
Friday, 22 May 2015 08:30am EDT 

Taylor Morrison Home Corporation:Says it has formed a joint venture with funds managed by Oaktree Capital Management, L.P and DMB Pacific Ventures to purchase Pacifica San Juan, one of the last remaining major coastal residential opportunities in California.Says this transaction represents one of the most significant real estate transactions in the state of California this year and is a milestone in the continuing recovery of the residential real estate market. Financial terms of the deal were not disclosed.  Full Article

Taylor Morrison announces proposed senior unsecured notes offering
Wednesday, 1 Apr 2015 08:15am EDT 

Taylor Morrison Home Corp:Says Taylor Morrison Communities, Inc. and Taylor Morrison Holdings II, Inc. (together, the Issuers) intend to offer $350.0 million aggregate principal amount of senior notes due 2023.The Issuers plan to use the net proceeds of this offering together with cash on hand to redeem their 7.750 pct Senior Notes due 2020.The Senior Notes will be unsecured and guaranteed on a senior unsecured basis by the same subsidiaries of TMHC that guarantee the Issuers' existing 5.625 pct Senior Notes due 2024 and 5.25 pct Senior Notes due 2021.  Full Article

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