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NVR, Inc. Message Board

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  • billberggren billberggren Jan 23, 2004 2:18 PM Flag

    share buy backs

    Not the amount of shares, the percentage of shares. The price has nothing to do with that. It is the P/E ratio. yes the P/E is 10 when it use to be 8, but still, buybacks should continue at the same rate, not number of shares, but percentage of stocks outstanding. Which is has not.

    That being same NVR issued a new buyback program in December.

    Why the crash in Homebuilders midday?

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