Hilton Grand Vacations prices 7M stock secondary offering, and concurrent buyback

* Hilton Grand Vacations (NYSE:HGV [https://seekingalpha.com/symbol/HGV]) priced [https://seekingalpha.com/pr/20198897-hgv-announces-pricing-of-secondary-public-offering-of-common-stock-and-concurrent-share] the previously announced secondary public offering of 7M shares held by certain entities managed by affiliates of Apollo Global Management.
* The company authorized the concurrent purchase from the underwriters of up to $40M of shares.
* The offering is expected to close on August 14, 2025.
* The underwriters will have a 30-day option to purchase up to an additional 1.05M shares.
* The company is not selling any shares and will not receive any proceeds from the offering.
* The stock price traded 2.7% lower on Tuesday during the after-market hours of trading.

MORE ON HILTON GRAND VACATIONS

* Hilton Grand Vacations Inc. (HGV) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4807213-hilton-grand-vacations-inc-hgv-q2-2025-earnings-call-transcript]
* Hilton Grand Vacations: Valuation/Fundamentals Still Signal A Buy, But Technicals Warrant Caution [https://seekingalpha.com/article/4802584-hilton-grand-vacations-valuation-fundamentals-still-signal-buy-technicals-warrant-caution]
* Hilton Grand Vacations: Attractive Despite Aggressive Financial Policy (Rating Upgrade) [https://seekingalpha.com/article/4794888-hilton-grand-vacations-attractive-despite-aggressive-financial-policy-upgrade]
* Hilton Grand Vacations announces secondary offering, concurrent share repurchase [https://seekingalpha.com/news/4484280-hilton-grand-vacations-announces-secondary-offering-concurrent-share-repurchase]
* Hilton Grand Vacations Q2 2025 Earnings Preview [https://seekingalpha.com/news/4474635-hilton-grand-vacations-q2-2025-earnings-preview]