04:55 PM EST, 12/18/2024 (MT Newswires) -- Tri Pointe Homes ( TPH ) said late Wednesday its board approved a new stock repurchase program of up to $250 million.

The repurchase program expires on Dec. 31, 2025, according to the company.

Tri Pointe Homes ( TPH ) said it repurchased about 1.2 million shares for $50 million during Q4 through Dec. 17 and about 4 million shares for $146.6 million for the full year through the same date.