- Choice Hotels International ( NYSE: CHH ) announced Wednesday that it has received Board approval to increase buyback by 5M shares, which makes it available for the company to now repurchase up to 6.7M shares.
- Earlier (Aug. 4): Choice Hotels shares head higher on revenue acceleration, Radisson integration
- At Buy rating, Seeking Alpha author The Value Pendulum writes, "Choice Hotels' Q2 2022 RevPAR has surpassed pre-pandemic levels, and this gives management the confidence to raise its full-year guidance."
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Choice Hotels International raises buyback program by 5 million shares