Hilton Grand Vacations stock rises after new share repurchase program, representing 11% of market cap

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Shares of Hilton Grand Vacations Inc. climbed 1.0% in premarket trading Monday, after the timeshare company approved a new $500 million share repurchase...

Shares of Hilton Grand Vacations Inc. HGV climbed 1.0% in premarket trading Monday, after the timeshare company approved a new $500 million share repurchase program. The new two-year program will kick off once the previous $500 million program, which has $83 million remaining at the end of April, is completed. The new program represents 10.8% of the company’s market capitalization of $4.62 billion as of Friday’s close.

0% in premarket trading Monday, after the timeshare company approved a new $500 million share repurchase program. The new two-year program will kick off once the previous $500 million program, which has $83 million remaining at the end of April, is completed. The new program represents 10.8% of the company’s market capitalization of $4.62 billion as of Friday’s close.

 

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