ARLINGTON, Texas, Oct. 2 /PRNewswire-FirstCall/ -- D.R. Horton, Inc.
(NYSE: DHI) Thursday (October 2, 2003), reported that the Company has
repurchased approximately $29.3 million (980,300 shares) of its common stock
in its fourth fiscal quarter ended September 30, 2003. For the fiscal year
then ended, common stock repurchases totaled approximately $58.9 million
(2,652,800 shares). The Company has approximately $175.6 million remaining on
its stock repurchase authorization.
Founded in 1978, D.R. Horton, Inc. is engaged in the construction and sale
of high quality homes designed principally for the entry-level and first time
move-up markets. D.R. Horton currently builds and sells homes under the D.R.
Horton, Cambridge, Continental, Dietz-Crane, Emerald, Melody, Milburn,
Schuler, Stafford, Torrey, Trimark, and Western Pacific names in 20 states and
44 markets, with a geographic presence in the Midwest, Mid-Atlantic,
Southeast, Southwest and Western regions of the United States. The Company
also provides mortgage financing and title services for homebuyers through its
mortgage and title subsidiaries.
SOURCE D.R. Horton, Inc.
