NVR INC
For the period ended Mar 31, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
We had two share repurchase authorizations outstanding during the quarter ended March 31, 2024. On November 9, 2023 and February 14, 2024, we publicly announced that our Board of Directors had approved new repurchase authorizations in the amount of up to $750 million per authorization. Each share repurchase authorization authorized the repurchase of our outstanding common stock in one or more open market and/or privately negotiated transactions, with no expiration date. Repurchase activity is typically executed in accordance with the safe-harbor provisions of Rule 10b-18 and Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The following table provides information regarding common stock repurchases during the quarter ended March 31, 2024:
| Period | Total Numberof SharesPurchased | AveragePrice Paidper Share | Total Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs | Approximate Dollar Value ofShares that May YetBe Purchased Underthe Plans orPrograms |
|---|---|---|---|---|
| January 1 - 31, 2024 | 32,995 | $7,082.88 | 32,995 | $442,170 |
| February 1 - 29, 2024 | — | $— | — | $1,192,170 |
| March 1 - 31, 2024 | 33,863 | $7,773.59 | 33,863 | $928,933 |
| Total | 66,858 | $7,432.72 | 66,858 |
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