Standard Pacific Homes acquires 675 acres in Wiregrass area Standard Pacific Homes announced the acquisition of 675 acres in the Wiregrass area of New Tampa, from Sierra Properties. The homebuilder will create over 20 architectural designs to be offered on 1,180 homesites within four distinctive Wiregrass neighborhoods. The grand opening is planned for the beginning of 2014.
Standard Pacific approves $100M share repurchase program Standard Pacific announced that its Board of Directors has authorized the repurchase of up to $100M of the Company's common stock. The company's share repurchases may be made, from time to time, on the open market or otherwise. The share repurchase authorization will continue in effect until terminated by the Board of Directors. The Company intends to retire the repurchased shares.