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Lennar Corp's 8-K Filing: Key Updates on Stock Classes & Corporate Actions

$LEN
Form 8-K
Filed on: 2025-01-15
Source
Lennar Corp's 8-K Filing: Key Updates on Stock Classes & Corporate Actions

Based on the provided section of the financial report, here are the key insights and important information extracted:

  1. Company Identification:
  • Name: Lennar Corp (New)
  • CIK: 0000920760
  • Address: 5505 Waterford District Drive, Miami, FL 33126
  • Phone: (305) 559-4000
  1. Filing Details:
  • Filing Type: Form 8-K
  • Filing Date: January 13, 2025
  • SEC File Number: 1-11749
  • IRS Employer Identification Number: 95-4337490
  1. Stock Information:
  • Class A Common Stock:
    • Par Value: $0.10
    • Ticker Symbol: LEN
    • Exchange: NYSE
  • Class B Common Stock:
    • Par Value: $0.10
    • Ticker Symbol: LEN.B
    • Exchange: NYSE
  1. Reporting Contexts:
  • The report includes multiple contexts (c-1, c-2, c-3) indicating different segments of stock classes, specifically for Common Class A and Class B shares.
  • The reporting period for all contexts is the same: January 13, 2025.
  1. XBRL and XML References:
  • The report is structured using XBRL (eXtensible Business Reporting Language) and includes schema references indicating compliance with the latest reporting standards.
  1. Segments:
  • The report specifies two segments under the "StatementClassOfStockAxis":
    • Common Class A Member
    • Common Class B Member

Insights:

  • This report indicates a specific event or material information update concerning Lennar Corp, likely pertaining to stock classes or corporate actions relevant to its shareholders.
  • The use of the 8-K form suggests that the company is communicating significant events that shareholders need to be aware of, which may include changes in stock structure, executive announcements, or other key developments.
  • The classification of common stocks into two tiers (Class A and Class B) may imply differing voting rights or dividend distributions, which could be of interest to investors looking at governance and financial returns.

Conclusion:

This portion of the financial report provides a snapshot of Lennar Corp's stock structure and significant filing details, essential for investors, analysts, and stakeholders to understand the company's current status and potential future developments.