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0.00564971751412422 0.0116471099521946 0.00173837461973045 0.00825727944372002 0.00147761842677086 0.0026075619295958 0.00430247718383303 0.0100825727944372
Stock impact report

Lennar Announces Final Exchange Ratio of 4.1367 in Exchange Offer

Lennar Corporation Class A (LEN) 
Last lennar corporation class a earnings: 3/19 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.lennar.com
Company Research Source: PR Newswire
MIAMI, Nov. 20, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced today a final exchange ratio of 4.1367 (the "Final Exchange Ratio") for its previously announced offer to exchange up to 33,298,764 shares of Millrose Properties, Inc. (NYSE: MRP) ("Millrose") Class A stock it owns (approximately 20% total outstanding Millrose stock) for outstanding shares of Lennar Class A common stock (the "Exchange Offer"). For each share of Lennar Class A common stock that is validly tendered and not validly withdrawn by Lennar stockholders and that is accepted by Lennar pursuant to the terms of the Exchange Offer, the tendering stockholders will receive 4.1367 shares of Millrose Class A common stock. Based on the Final Exchange Ratio, Lennar can accept for exchange up to approximately 8,049,596 shares of Lennar Class A common stock if the Exchange Offer is fully subscribed. Because the Exchange Offer wi Show less Read more
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