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0.00377797151990687 0.000290613193838942 -0.00494042429526305 -0.0130775937227551 -0.022958442313281 -0.0183086312118571 -0.00435919790758496 -0.012496367335077
Stock impact report

Hilton Grand Vacations adopts one-year shareholder rights plan [MarketWatch]

Hilton Grand Vacations Inc. (HGV) 
Last hilton grand vacations inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.hgv.com
Company Research Source: MarketWatch
Hilton Grand Vacations Inc. said Thursday its board has adopted a one-year shareholder rights plan effective April 16, to block a potential takeover of the company following a steep selloff in its shares. "The adoption of the one-year Rights Plan will protect against parties seeking to take advantage of the current market environment to the detriment of HGV and its shareholders," Chairman Leonard Potter said in a statement. A rights plan, also known as a poison pill, is a common way for companies to avoid a person or group taking advantage of a low share price. Hilton's stock has fallen 50% since end January amid market volatility. Show less Read more
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