Hovnanian Enterprises Receives Continued Listing Standard Notice From NYSE and Announces Reverse Stock Split Proposal
Hovnanian Enterprises, Inc. Class A (HOV)
US:NYSE Investor Relations:
khov.com/investor-relations
Company Research
Source: GlobeNewswire
MATAWAN, N.J., Jan. 11, 2019 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (“Hovnanian” or the “Company”), a leading national homebuilder, announced today that it will be requesting shareholder approval at its annual meeting on March 19, 2019 for amendments to its restated certificate of incorporation that will enable the Company to conduct a reverse stock split. The details of the proposed reverse stock split are provided in the Company’s preliminary proxy statement filed with the Securities and Exchange Commission (“SEC”) on January 11, 2019. Hovnanian is proposing the reverse stock split primarily in order to address the minimum average closing price criteria set forth in the New York Stock Exchange’s (“NYSE”) Listed Company Manual. On January 9, 2019, Hovnanian received written notification from the NYSE that the average closing price of Hovnanian’s Class A common stock over the consecutive 30 trading-day period ended January 7, 2019 was $0.98, which is below the
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- Is Hovnanian Enterprises, Inc.'s (NYSE:HOV) 35% ROE Better Than Average? [Yahoo! Finance]Yahoo! Finance
- Hovnanian Enterprises First Quarter 2024 Earnings: EPS: US$3.11 (vs US$2.37 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Hovnanian Enterprises, Inc. (NYSE: HOV) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
HOV
Sec Filings
- 3/22/24 - Form 4
- 3/22/24 - Form 8-K
- 3/21/24 - Form 144
- HOV's page on the SEC website