* Hilton Grand Vacations (NYSE:HGV [https://seekingalpha.com/symbol/HGV]) plans a secondary offering of 7M common shares held by Apollo-managed entities.
* Underwriters have a 30-day option to buy an additional 1.05M shares from the selling stockholders.
* The company is not selling shares and will receive no proceeds from this offering.
* Concurrently, HGV authorized up to $40M in share repurchases from the underwriters following the offering.
* Source: Press release [https://seekingalpha.com/pr/20198765-hgv-announces-launch-of-secondary-public-offering-of-common-stock-and-concurrent-share]
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Hilton Grand Vacations announces secondary offering, concurrent share repurchase
Published 2 months ago
Aug 12, 2025 at 9:02 PM
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