Hilton (HLT) announced that its board of directors authorized a $3.5B increase in the amount available for repurchases of common stock under Hilton’s existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $4.6B.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT:
- Hilton Stock (HLT) Rallies after Cutting Ties with Hotel that Banned ICE Agents
- Hilton drops Minnesota hotel following DHS backlash, BI reports
- Hilton price target raised to $304 from $285 at Bernstein
- Hilton Stock (HLT) Slides after Rogue Hotel Angers DHS by Banning ICE Agents
- DHS takes aim at Hilton-branded hotel for allegedly cancelled reservations
