Hilton Increases Stock Repurchase Authorization
The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today authorized the repurchase of an additional $2.5 billion of common stock under the Company's existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $3.4 billion.
- The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today authorized the repurchase of an additional $2.5 billion of common stock under the Company's existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $3.4 billion.
- Hilton may purchase shares in the open market, in privately negotiated transactions or in such other manner as determined by Hilton, including through repurchase plans complying with the rules and regulations of the Securities and Exchange Commission (the SEC).
- The stock repurchase program does not obligate Hilton to repurchase any dollar amount or number of shares of common stock and the program may be suspended or discontinued at any time.
- These statements include, but are not limited to, statements related to Hilton's stock repurchase program.