By Josh Beckerman
Hilton Worldwide Holdings authorized the repurchase of an additional $3 billion of stock, increasing the amount currently authorized to about $4.2 billion.
On Oct. 25, the hotel company said it repurchased 4.5 million shares during the third quarter. It said total capital return for the quarter, including dividends, was $723 million.
Hilton shares were recently up 0.7%, to $158.06.
Write to Josh Beckerman at [email protected]
Read the full article here