WYNDHAM HOTELS & RESORTS' BOARD OF DIRECTORS INCREASE SHARE REPURCHASE AUTHORIZATION BY $400 MILLION
Wyndham Hotels & Resorts' board approved a $400 million increase to the company's share repurchase authorization. CEO Geoff Ballotti framed the increase as reflecting confidence in the franchise business model, cash generation, and continued shareholder returns.
Key figures
- Deal Value Usd
- 400000000
- Countries
- approximately 100
- Rooms count
- 873000
- Brands count
- 25
- Hotels count
- 8400
- Loyalty members
- 126 million
- Buyback increase usd
- 400000000
AI analysis
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