Company: HOVVB
Filing Date: 2025-04-11
Form Type: 8-K
Source: 0001753926-25-000619
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Company: HOVNANIAN ENTERPRISES INC
Filing Date: 2025-04-11
Form: 8-K
Item: Item 8.01
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Item 8.01.

Other Events.

On April 11, 2025, our Board of Directors authorized an incremental increase to our repurchase program of $25 million. Under the repurchase program, as increased by the Board of Directors, inclusive of any amounts remaining under the existing repurchase authorization initially authorized by the Board of Directors on September 1, 2022, and increased on December 18, 2024, we are authorized to repurchase up to $30,601,253 of our Class A common stock. Under the program, repurchases may be made from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing and the actual dollar amount repurchased will depend on a variety of factors, including legal requirements, price, future tax implications and economic and market conditions. The repurchase program may be changed, suspended or discontinued at any time and does not have a specified expiration date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  HOVNANIAN ENTERPRISES, INC.                                            
  By:                              /s/ Elizabeth Tice                    
                                   Name: Elizabeth Tice                  

Date: April 11,2025