The Board of Directors of Hilton Worldwide Holdings Inc has announced a major stock repurchase programme, its quarterly dividend and a corporate name change.
The Board has authorised a stock repurchase programme of up to $1 billion of the company’s common stock, and also declared a quarterly dividend of $0.15 per share of Hilton’s common stock, payable on 31 March 2017 to stockholders of record as of 10 March 2017.
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$1bn stock repurchase and corporate name change for Hilton