D.R. Horton authorizes USD 5.00 billion buyback for D.R. Horton stock

D.R. Horton has authorized a new $5.00 billion share repurchase program, replacing a prior program with a remaining balance of $53.00 million. The company expects to repurchase at least $3.25 billion in common stock during fiscal year 2026. This announcement comes despite a recent price target cut by Keefe, Bruyette and Woods, though the company's third-quarter earnings exceeded analyst estimates.