Oct 30, 8:33 AM ET
Hilton Grand Vacations agreed on October 30, 2026 to repurchase $200 million of its common stock through an accelerated share repurchase with Deutsche Bank AG, London Branch. The company paid $200 million up front and received an initial delivery of approximately 4.48 million shares, with the final share count to be set at settlement based on volume-weighted average price, less a discount.
- Company pays $200 million to the Dealer on October 30, 2026 and receives an initial delivery of approximately 4.48 million shares.
- Final share count depends on the volume-weighted average price over the calculation period, less a discount; the Dealer may deliver additional shares at settlement.
- Final settlement is expected no later than December 31, 2026, and the Dealer may accelerate the termination date on or after December 1, 2026.
Read the filing on SEC.gov ↗
Oct 29, 7:29 AM ET
Hilton Grand Vacations said Executive Vice President and Chief Sales & Marketing Officer Dustin Tonkin will leave the company effective April 1, 2027, under a separation agreement. Mike Riley, a company veteran since 2012, was promoted to the same role effective October 29, 2026. The changes concern the leadership of the company's sales and marketing function, and the filing does not include financial results or guidance.
- Dustin Tonkin, EVP and Chief Sales & Marketing Officer, separates from the company effective April 1, 2027.
- Separation benefits include cash equal to two times his 2026 base salary and target short-term bonus, plus COBRA premiums for up to 18 months, subject to a release and restrictive covenants.
- Mike Riley was promoted to EVP and Chief Sales & Marketing Officer effective October 29, 2026, after more than 25 years of industry experience, including 15 years with the company.
- Tonkin's stock option exercise period was extended to 24 months from the separation date.
Read the filing on SEC.gov ↗
Oct 29, 7:04 AM ET
Hilton Grand Vacations reported third quarter 2026 revenue of $1.961 billion, up from $1.300 billion a year earlier, and diluted EPS of $3.70, up from $0.28. Results were lifted by a $296 million net construction recognition tied to a Hawaii project, while contract sales fell 11.0% and the company cut its full-year 2026 Adjusted EBITDA guidance, which matters to shareholders because it lowers the outlook for the rest of the year.
- Total revenues were $1.961 billion versus $1.300 billion a year earlier; net income attributable to stockholders was $291 million.
- Contract sales fell 11.0% to $807 million; the company said its sales initiatives are taking longer to ramp than expected.
- Full-year 2026 Adjusted EBITDA guidance was lowered to $1.165 billion to $1.180 billion from $1.225 billion to $1.265 billion.
- Company repurchased 2.4 million shares for $110 million in the quarter and had $617 million of remaining repurchase availability as of Oct. 22, 2026.
Read the filing on SEC.gov ↗
Jul 30, 7:08 AM ET
Hilton Grand Vacations reported second quarter 2026 total revenues of $1.358 billion, up from $1.266 billion a year earlier, and Adjusted EBITDA attributable to stockholders of $265 million, up from $233 million. Net income attributable to stockholders fell to $12 million, or $0.15 per diluted share, from $25 million, or $0.25, as a $28 million net construction deferral reduced results. The company reiterated its full-year 2026 Adjusted EBITDA guidance of $1.225 billion to $1.265 billion.
- Total revenues were $1.358 billion versus $1.266 billion in the second quarter of 2025; total contract sales were $810 million, down $24 million.
- Net income attributable to stockholders was $12 million and diluted EPS was $0.15, versus $0.25 a year earlier; adjusted diluted EPS was $0.89.
- Adjusted EBITDA attributable to stockholders was $265 million; the net construction deferral reduced it by $28 million.
- The company repurchased 3.1 million shares for $150 million in the quarter and had $103 million of remaining availability under the 2025 Repurchase Plan as of July 23, 2026.
Read the filing on SEC.gov ↗
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