Last $17.65 USD
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Volume 2.7M
As of 8:04 PM 08/26/14 All times are local (Market data is delayed by at least 15 minutes).

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kb home (KBH) Details

KB Home is engaged in homebuilding activities in the United States. It constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. The company also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; and provides title services. It has operations in Arizona, California, Colorado, Florida, Maryland, Nevada, New Mexico, North Carolina, Texas, and Virginia. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.

kb home (KBH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $830.8K
Executive Vice President and General Counsel
Total Annual Compensation: $773.3K
Chief Accounting Officer and Senior Vice Pres...
Total Annual Compensation: $631.3K
Executive Vice President of Real Estate and B...
Total Annual Compensation: $610.4K
Compensation as of Fiscal Year 2013.

kb home (KBH) Key Developments

KB Home Debuts New Design Studio in Daytona

KB Home announced the opening of its brand new KB Home Design Studio in Daytona Beach, a retail-like showroom where home shoppers can explore the myriad of bold and extensive design choices, forward-thinking energy-efficient features and sophisticated home automation technologies that are now standard and customizable in a new KB home. Homebuyers are invited to join KB Home for a special grand opening celebration on August 16 from noon to 2 p.m., where guests can experience the new Studio's amenities and services firsthand while enjoying complimentary food and fun activities. KB Home's Design Studios provide KB homebuyers the opportunity to see, feel and arrange choices for flooring, lighting, cabinetry, appliances and more, enabling them to imagine the various ways they can personalize their home's design and functionality to their individual preferences. Trained design professionals are on hand to personally assist buyers in making choices.

KB Home Unveils Asher and Skylar at Playa Vista

KB Home introduced two new neighborhoods within the coastal community of Playa Vista in Los Angeles: Asher, an exclusive collection of 36 contemporary three-story detached homes, and Skylar, an exquisite assortment of 93 upscale condominiums. The luxury residences at Asher and Skylar at Playa Vista -- distinguished by ultra-modern design details, premium appliances, integrated outdoor living spaces, and volume ceilings -- offer homebuyers one of the few remaining opportunities to purchase a new home at Playa Vista and take advantage of the ultimate live-work-play lifestyle it offers. The stylish home designs at Asher and Skylar, some of the final blueprints by the late Southern California architect Barry Berkus, showcase the finest in luxury living and modern architectural styles. Each of the three, three-story residences available at Asher will include a private, built-in elevator, range in size from 2,435 to 2,757 square feet, and can include up to five bedrooms, four baths and two-car garages. The sleek designs at Skylar at Playa Vista offer home shoppers the height of comfort and class, with great room living spaces, elegant kitchens, private garages, and EV charging stations. The three one- and two-story floor plans available at Skylar range between 1,905 and 2,449 square feet, with up to four bedrooms, three-and-a-half baths and two-car garages. Upscale standard and optional décor and structural choices available at Asher and Skylar include European-style bi-fold cabinets, wired or glass-accented stair railings, high-end stainless steel appliances, and more. Indeed, residents at KB Home's Playa Vista communities will have walking-distance access to extensive on-site amenities, including The CenterPointe Club, a 26,000 square foot recreational facility with pools, a spa, and gym. KB homeowners at Asher will be able to head across the street to The Resort, Playa Vista's newest activity club which will feature a 10,000 square foot fitness center, cabanas, junior Olympic pool, and more upon completion. Playa Vista's expansive parks, greenbelts, and open spaces, as well as outdoor concerts, movies, and weekly farmers' market, all encourage its residents to enjoy the area's perpetually pleasant coastal weather. Residents at KB Home's Asher and Skylar at Playa Vista will enjoy the benefits of living in a well-established and pedestrian-friendly neighborhood ideally situated near the vibrant Westside communities of Marina del Rey, Venice, Culver City, and Santa Monica. Playa Vista's convenient location, easily accessible from the 405, Pacific Coast Highway, and Marina Freeway, puts the entire City of Los Angeles--and the ample employment, recreational, and cultural opportunities it offers -- right at its residents' fingertips. KB Home's Asher and Skylar at Playa Vista are now open in Los Angeles.

KB Home Adopts Restated By-Laws

On July 17, 2014, the Board of KB Home approved and adopted the Amended and Restated By-Laws of KB Home, effective immediately. The By-Laws were last changed in 2007. The Amended and Restated By-Laws incorporate more recent provisions of the Delaware General Corporation Law, including provisions regarding the use of electronic communications in connection with Board and stockholder meetings, and re-structure the By-Laws to improve their organization. In addition, the Amended and Restated By-Laws expand the scope of information stockholders must include in providing advance notice to the Company of proposed nominations of director candidates for election to the Board at stockholder meetings; add similar advance notice requirements for stockholder proposals of items of business to be considered at stockholder meetings; and enhance the descriptions of the roles and authority of the Company's officers.


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