NEWPORT BEACH, Calif., Jan. 31, 2022 /PRNewswire/ — Landsea Homes Corporation (NASDAQ:LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that its Board of Directors (the “Board”) has approved a $10 million stock repurchase program. At the closing share price as of January 28, 2022, the share repurchase authorization represents approximately 13% of the Company’s current public float. Under the repurchase program, the Company may repurchase its common stock with an aggregate value of up to $10 million through June 30, 2022.
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