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Hilton to re-buy $1 billion shares – Renaming to Hilton Inc.

Profile Photo By: Carsten Hennig
February 27, 2017

Hilton to re-buy $1 billion shares – Renaming to Hilton Inc.

McLean, Virginia – 27 February 2017 –
Hilton Worldwide started a stock repurchase program of up to $1 billion of the Company’s common stock. In addition, the Company’s Board of Directors has approved changing the Company’s corporate name to “Hilton Inc.” effective March 6, 2017. The Company’s common stock will continue to trade on the New York Stock Exchange under the symbol “HLT.”

The board of directors also declared a quarterly dividend of $0.15 per share of Hilton’s common stock, payable on March 31, 2017 to stockholders of record as of March 10, 2017.

Hilton may purchase shares … Read More

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