Board of Directors Approves Five Million Increase in Total Number of Shares Available for Repurchase
Rockville, Md., September 14, 2022 /PRNewswire/ — Choice Hotels International, Inc. (NYSE: CHH) — one of the world’s largest lodging franchisors — announced that its board of directors has approved a five million share increase in the number of shares authorized under its share buyback program. Added to the remaining number of available shares previously authorized for redemption, this gives a total authorization of approximately 6.7 million shares.
About Choice Hotels
Choice Hotels International, Inc. (NYSE: CHH) is one of the world’s largest lodging franchisors. On August 11, 2022, Choice acquired Radisson Hotels Americas, adding to its portfolio nine brands, more than 600 hotels and approximately 67,000 rooms in the United States, Latin America, the Caribbean and Canada. With 22 brands, Choice Hotels has more than 7,500 hotels and nearly 650,000 rooms in 46 countries and territories as of August 11, 2022. The Choice® The family of hotel brands offers business and leisure travelers a wide range of high-quality accommodation options ranging from limited-service to full-service hotels in the upscale, upper-middle-range, mid-range segments. upmarket, extended stays and economical. Award-Winning Choice Privileges® The loyalty program gives members a faster way to earn rewards, with personalized benefits from day one. For more information, visit www.choicehotels.com.
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