Champion Homes, Inc. (SKY), a producer of factory-built housing, said its Board has authorised an increase in its share repurchase by $50 million.
The repurchase authorisation brings the aggregate capacity of the program to $150 million.
President and CEO Tim Larson says, "We remain confident in our strategy and we continue to deliver strong cash generation."
In the pre-market trading, 0.69% higher at $66 on the New York Stock Exchange.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.