PulteGroup, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $82 million, or $0.21 per share, compared with a net loss of $12 million, or $0.03 per share, in the prior year. Home sale revenues for the first quarter increased 35% to $1.1 billion, compared with $814 million last year. Higher revenues for the quarter resulted from a 23% increase in closings to 3,833 homes combined with a 10%, or $26,000, increase in average selling price to $287,000. The company's cash position increased $183 million during the quarter to $1.7 billion. The increase in cash relates primarily to the company's increased closing volumes and improved profitability. Total revenues were $1,162,756,000 against $881,036,000 for the same period of last year. Income before income taxes was $82,350,000 against loss of $13,491,000 for the same period of last year. Net cash provided by operating activities was $270,620,000 against $114,690,000 for the same period of last year. Capital expenditures were $5,378,000 against $3,758,000 for the same period of last year. The company announced write-down of land and deposits and pre-acquisition costs of $704,000 against $5,896,000 for the same period of last year.

PulteGroup, Inc. announced that it will redeem $399 million in aggregate principal amount of currently outstanding notes. The redemption will occur on May 24, 2013, and will be funded from the Company's available cash balances. It will redeem all remaining principal outstanding of the following senior notes of 5.250% Notes issued by the company due 1/15/2014 - $188.0 million currently outstanding and 5.700% Notes issued by Centex Corp. due 5/15/2014 - $210.9 million currently outstanding. This redemption is made in accordance with the applicable indentures and terms associated with each issue.

PulteGroup, Inc., Annual General Meeting, May 08, 2013., at 16:00 US Eastern Standard Time. Location: Detroit Metro Airport Marriott, 30559 Flynn Drive. Agenda: To approve the election of nine nominees for director to serve a term of one year; to ratify the appointment of Ernst & Young LLP as its independent registered public accounting firm; to consider the advisory vote on executive compensation; to consider the approval of its 2013 senior management incentive plan; to consider the approval of 2013 stock incentive plan; to consider the approval of an amendment to extend the term of its amended and restated Section 382 rights agreement; to consider the two shareholder proposals, if properly presented at the meeting; and to consider the such other business as may properly come before the meeting.