NVR · 8-K · 20261022PR000099

Capital Return Program

NVR INC · 2026-10-22 · Importance 49 · Surprise 32 · In source text

NVR repurchased 181,984 shares during the first nine months of 2026 at an aggregate cost of $1.227 billion, compared with 178,178 shares costing $1.331 billion in the first nine months of 2025. Third-quarter repurchases totaled 37,088 shares for $237.2 million, versus 35,224 shares for $276.4 million in the year-earlier quarter. Treasury shares held increased to 17,911,054 at September 30, 2026 from 17,755,943 at December 31, 2025.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-22.4%NVR repurchased 181,984 shares for an aggregate cost of $1,226.951 million in the nine months ended September 30, 2026.