Hilton to Buy Back $1 Billion in Shares, Pay Dividend - News Summed Up

Hilton to Buy Back $1 Billion in Shares, Pay Dividend


Hilton Worldwide Holdings Inc. announced a $1 billion share buyback program and launched a dividend as the company charts its path forward after a major reorganization of its business. The company, which also said Friday it would change its name to Hilton Inc., said it will pay a quarterly dividend of 15 cents a share. The investor-friendly moves come after Hilton in January completed the spinoff of a chunk of hotels into a...


Source: Wall Street Journal February 24, 2017 14:26 UTC



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