Interval Leisure Group, Inc. Buyback
OLI recorded this information on 5/16/2016
Interval Leisure Group, Inc.
Interval Leisure Group, Inc. (NASDAQ:IILG) ("ILG") today announced that its Board of Directors has increased its authorized stock repurchase program to enable ILG to purchase up to a total of $100 million of its common stock. Previously, ILG had an authorization of $25 million.
Interval Leisure Group is a provider of lodging, encompassing a portfolio of leisure businesses from vacation exchange and rental to vacation ownership. Co. operates in two segments: Exchange and Rental, which provides access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties; and Vacation Ownership, which engaged in the management of vacation ownership resorts; sales, marketing, and financing of vacation ownership interests; and related services to owners and associations.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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