Hilton Increases Stock Repurchase Authorization

MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. (NYSE: HLT) today announced that its Board of Directors authorized a $3.5 billion increase in the amount available for repurchases of common stock under Hilton's existing stock repurchase program, bringing the total amount currently authorized for future repurchases to approximately $4.6 billion. Hilton may purchase shares in the open market, in privately negotiated transactions or in such other manner as determined by Hilton, including through re ...