NVR · 10-Q · 2026Q3 · Full report
Capital Return Program
NVR INC · 2026-11-04 · Importance 53 · Surprise 24 · In source text
NVR repurchased 181,984 shares of common stock for an aggregate $1.227 billion during the first nine months of 2026. At September 30, approximately $822.6 million remained available under Board-approved repurchase authorizations. Share repurchases were the primary use of financing cash, with $1.179 billion of net cash used in financing activities for the nine-month period. The company stated that repurchases are funded from excess liquidity and are intended to create shareholder value.
Key facts
- NVR repurchased 181,984 common shares for an aggregate $1,226,951 in the first nine months of 2026 and had approximately $822,646 remaining under Board-approved repurchase authorizations at September 30, 2026. source
- NVR used $1,179,245 in financing activities during the first nine months of 2026, including $1,226,951 to repurchase 181,984 shares; stock-option exercises provided $68,555. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -12.6% | NVR repurchased 181,984 common shares for an aggregate $1,226,951 in the first nine months of 2026 and had approximately $822,646… |