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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.
Repurchases may be made from time to time on an opportunistic basis, subject to market and business conditions. Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means (including Rule 10b5-1 trading plans). Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.
Posted In: PLYA