Xenia Hotels & Resorts, Inc. (XHR), a real estate investment trust, Wednesday said its Board approved an additional $100 million share repurchase for the Company's outstanding common stock.
Including the new authorization, the company would have approximately $180 million remaining under its total share repurchase authorization as of May 13.
The company also announced second quarter cash dividend of $0.14 per share, payable on July 15 to shareholders on record June 30.
In the pre-market trading, Xenia Hotels & Resorts is 2.68% higher at $12.65 on the New York Stock Exchange.
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