: Hilton boosts buyback program

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Hilton Worldwide Holdings Inc. HLT, +2.94% on Friday said it approved the repurchase of an extra $2.5 billion under its existing share buyback program. The authorization brought the total amount currently allowed for repurchases to roughly $3.4 billion. Shares of the hotel operator finished 2.9% higher on Friday. Hilton and other hotel chains this year have benefited from a rebound in travel demand.

This article was originally published by Marketwatch.com. Read the original article here.

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