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NVR authorizes $300M share-repurchase program

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NVR authorizes $300M share-repurchase program

NVR Inc. said its board authorized the repurchase of $300 million of its outstanding common stock on the open market or in privately negotiated transactions from time to time.

As of Dec. 11, the Reston, Va.-based company had 3,598,349 total shares of common stock outstanding.