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Centex Adopts Share Repurchase Plan.

Publication: PR Newswire

Publication Date: 31-OCT-05
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COPYRIGHT 2005 PR Newswire Association LLC

DALLAS, Oct. 31 /PRNewswire-FirstCall/ -- Centex Corporation announced that it has entered into a Rule 10b5-1 share repurchase plan with a broker to facilitate the repurchase of up to 5,000,000 shares of its common stock under its previously announced share repurchase authorization. Centex is using proceeds from the sale of its UK home building operations and cash from operations to fund the repurchases.

About Centex

Dallas-based Centex, founded in 1950, is one of the nation's...

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