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News Digest / Alex Vellor

Author: Alex Vellor
08:45am, Thursday, Nov 14, 2024
Hilton Doubles Down: $3.5 Billion Buyback Signals Bold Confidence Amid Market Headwinds
Hilton Worldwide (NYSE: HLT) expands its stock buyback program by $3.5 billion, raising total repurchases to $4.8 billion. Despite downgrading revenue forecasts, Hilton’s stock remains strong, showing resilience amid challenges. Traders see potential value.
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