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PLYA Buyback image

Playa Hotels & Resorts N.V. Buyback

OLI recorded this information on 12/11/2023

Company: Playa Hotels & Resorts N.V.
Buyback: PLYA buyback
$Amount Authorized: $200,000,000
Buyback Details: Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company" or "Playa") announced today that the Company's Board of Directors has authorized a new $200.0 million share repurchase program, replacing the prior $200.0 million authorization announced in February 2023, of which there was approximately $30 million remaining.

Playa Hotels & Resorts is an owner, operator and developer of resorts in beachfront locations in vacation destinations in Mexico and the Caribbean. Co. has an agreement with Panama Jack International, Inc. (Panama Jack), a consumer products company that focuses on resort clothes and furnishings and sun care products, that provides Co. with the right to develop and own and/or manage resorts under the Panama Jack brand in certain regions. Co. owns and operates resorts operated under the Panama Jack, Jewel, Dreams, Sanctuary, and Secrets brands.
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PLYA — Key Stats (updated 14 hours, 24 minutes ago)
Company Name:  Playa Hotels & Resorts NV
Stock buyback:  PLYA buyback
Website:  www.playaresorts.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding PLYA:  5
Total Market Value Held by ETFs:  $19.44M
Total Market Capitalization:  $1.17B
% of Market Cap. Held by ETFs:  1.66%
 

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May 14, 2024  •  1:10 AM Eastern
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Avg. Broker Rec.

Buy (3.40 out of 4)
51st percentile
(ranked higher than approx. 51% of all stocks covered)

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