- Hilton Grand Vacations Inc (NYSE:HGV) said its Board of Directors approved a two-year share repurchase plan authorizing the company to repurchase up to an aggregate of $500 million of shares.
- The new repurchase plan will commence once the existing two-year repurchase program, approved in May 2022 for $500 million, is fully completed.
- As of April 30, 2023, HGV had approximately $83 million remaining under the prior repurchase program.
- HGV may repurchase shares in the open market, in privately negotiated transactions or in such other manners as determined by the company.
- Hilton Grand Vacations held $752 million in cash and equivalents as of March 31, 2023.
- Price Action: HGV shares are trading higher by 1.49% at $42.12 in premarket on the last check Monday.
Arteris IP Licensed By Axelera AI To Accelerate Computer Vision At The Edge
Arteris, Inc. (NASDAQ:AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced that Axelera AI, a provider of the world's most powerful and advanced solutions for AI at
