Forestar is a real estate company with a strategy to recognize and responsibly maximize value through community development.
Forestar Group Inc. Provides Additional Information on Execution of Key Initiatives and Reports Full Year and Fourth Quarter 2016 Results
|2016 was a transformative year for Forestar with exceptional
progress on its key initiatives.
AUSTIN, Texas--(BUSINESS WIRE)--Mar. 1, 2017--
Forestar Group Inc. (NYSE: FOR):
2016 Transformation - Highlights
Core Community Development:
Sold 1,940 developed residential lots for approximately $68,200 per
lot with average gross profit of approximately $23,400 per lot
Forestar Group to Release Fourth Quarter 2016 Results on March 1, 2017
|AUSTIN, Texas--(BUSINESS WIRE)--Feb. 1, 2017--
Forestar Group Inc. (NYSE: FOR) will release its results for fourth
quarter 2016 on March 1, after the market closes.
The company will host a conference call on Thursday, March 2, 2017 at
10:00 a.m. ET to discuss results for fourth quarter 2016.
To access the conference call, listeners calling from North America
should dial 1-844-634-1445 at least 15 minutes prior to the start of the
Forestar Adopts Tax Benefits Preservation Plan to Preserve Valuable Tax Benefits
|AUSTIN, Texas--(BUSINESS WIRE)--Jan. 5, 2017--
Forestar Group Inc. (“Forestar” or the “Company”) (NYSE: FOR) today
announced that its Board of Directors has adopted a tax benefits
preservation plan (the “Plan”) designed to preserve the Company’s
ability to utilize its tax attributes, such as built in losses and other
tax attributes (collectively, “Tax Benefits”). The Plan is similar to
plans adopted by other public companies with significant Tax Benefits... |
Forestar Group Inc. Reports Third Quarter 2016 Results
|Forestar significantly transformed in one year through execution
of our key initiatives to reduce costs, divest non-core assets,
strengthen balance sheet and focus on maximizing shareholder value.
Transformation - Highlights
Actions taken to eliminate over $50 million in annualized SG&A,
expect full cost savings realization once all non-core assets are sold
Decreased headcount by over 50% compared to 2014 pea... |
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