Hilton Grand Vacations Announces Secondary Public Offering and Concurrent Share Repurchase Program

Hilton Grand Vacations Inc. (HGV) announced on Tuesday the launch of a secondary public offering of its common stock alongside a concurrent share repurchase program. The company intends to offer shares currently held by certain selling stockholders, while simultaneously utilizing a portion of the proceeds to buy back its own shares directly from the underwriters.

Under the terms of the offering, the selling stockholders will provide a specified number of shares of HGV common stock to the public market. As part of the transaction, Hilton Grand Vacations plans to repurchase a portion of these shares from the underwriters at the same price per share that the underwriters pay to the selling stockholders. The company expects to fund this repurchase using cash on hand. BofA Securities and J.P. Morgan are serving as the lead book-running managers for the offering. The completion of both the secondary offering and the share repurchase remains subject to market conditions and other customary closing requirements.

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Date: June 2, 2026

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