The proceeds from this offering will be used for general corporate purposes. Additionally, D.R. Horton, through its subsidiary DHI Mortgage Company, Ltd., amended its $1.4 billion repurchase facility, extending its term and potentially increasing its commitment to $2.0 billion. Moreover, D.R. Horton has joined the newly launched NYSE Texas exchange, maintaining its primary listing on the New York Stock Exchange. This move underscores the company's commitment to Texas, aligning with its significant presence in the state. Oppenheimer maintained a Perform rating on D.R. Horton, citing volume pressure and a challenging demand environment as concerns. Meanwhile, Forestar Group, majority-owned by D.R. Horton, also added a dual listing on NYSE Texas while continuing its NYSE presence. These developments highlight D.R. Horton's strategic financial and market positioning efforts. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.