Hilton Grand Vacations approves new $600M share repurchase plan

Hilton Grand Vacations Inc. (NYSE: HGV) said its board of directors approved a two-year share repurchase plan authorizing the company to buy back up to $600 million of its outstanding common stock.

The new plan will begin once the company's existing repurchase plan, also approved for up to $600 million and authorized by the board in July 2025, is fully completed. As of Aug. 17, 2026, approximately $61 million remained under that prior plan.

Dan Mathewes, president and CFO of Hilton Grand Vacations, said the company has repurchased more than 60 million shares since its repurchase program began in 2018, returning over $2.5 billion to shareholders during that period.

The company may repurchase shares through open market transactions, privately negotiated deals, or other methods permitted under U.S. Securities and Exchange Commission rules. The timing and amount of any repurchases will depend on factors including available liquidity, cash flow, and market conditions. The plan does not obligate the company to repurchase any specific dollar amount or number of shares and may be suspended or discontinued at any time.

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