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Milrose Properties Records Record Third Quarter Net Income and Approves Share Buyback

The Motley Fool +1 · ·by G4L

MRP
MRP Millrose Properties Inc
$26.03 -0.34%
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  1. 1Milrose Properties recorded its largest-ever net income in the third quarter.
  2. 2Milrose Properties approved a $250 million share buyback program.
  3. 3Milrose Properties purchased 1.23 thousand completed single-family homes across 18 states for a total cost of approximately $333 million starting August 28.

So what's the key point?

Milrose Properties earned its highest profit ever in the third quarter. The company decided to buy back its own shares worth $250 million.

Source The Motley Fool +1 · View original ↗

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