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China Lodging Group, Limited Buyback

OLI recorded this information on 3/17/2016

Company: China Lodging Group, Limited
Buyback: HTHT buyback
$Amount Authorized: $80,000,000
Buyback Details: China Lodging Group, Limited (NASDAQ:HTHT) ("China Lodging Group" or the "Company"), a leading and fast-growing multi-brand hotel group in China, today announced that its Board of Directors has authorized additional repurchases of its own outstanding American Depositary Shares ("ADSs"), bringing the Company's available repurchase authorization to US$80 million.

H World Group is a holding company. Through its subsidiaries, Co. is a multi-brand hotel group in China with international operations. Co.'s hotels are operated under three models: leased and owned, franchised, and franchised hotels that it operates under management contracts, which it refers to as manachised. Co. has hotels in operation or under development under the following brands: Economy hotel brands including HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels and Ibis Hotel; Midscale hotel brands including JI Hotel and Orange Hotel; Upper midscale hotel brands including Crystal Orange Hotel and IntercityHotel; and Upscale hotel brands including Joya Hotel and Blossom House.
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Company Name:  H World Group Ltd
Stock buyback:  HTHT buyback
Website:  www.huazhu.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding HTHT:  23
Total Market Value Held by ETFs:  $155.26M
Total Market Capitalization:  $1.41B
% of Market Cap. Held by ETFs:  11.01%
 

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April 26, 2024    10:45 PM Eastern
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Strong Buy (4.00 out of 4)
89th percentile
(ranked higher than approx. 89% of all stocks covered)

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