Marriott International Declares Quarterly Cash Dividend and Increases Share Buyback Authorization

Rhea-AI Summary

Marriott International (Nasdaq: MAR) has announced two significant shareholder-focused initiatives. The company declared a quarterly cash dividend of $0.67 per share, payable on September 30, 2025, to shareholders of record as of August 21, 2025.

Additionally, the board has expanded its share repurchase program by 25 million shares, supplementing the existing 7.4 million shares available under prior authorizations. The company has already demonstrated strong buyback activity, having repurchased 6.4 million shares for $1.7 billion year-to-date through July 30, 2025.

Positive

• Board approved additional 25 million shares for buyback program
• Consistent quarterly dividend of $0.67 per share maintained
• Strong buyback execution with $1.7 billion spent year-to-date
• Total buyback capacity of 32.4 million shares available (25M new + 7.4M existing)

Negative

• None.

BETHESDA, Md., Aug. 7, 2025 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 67 cents per share of common stock. The dividend is payable on September 30, 2025, to shareholders of record as of the close of business on August 21, 2025. The company also announced that its board has increased the authorization to repurchase the company's Class A common stock by an additional 25 million shares, which are in addition to the approximately 7.4 million shares that remained available as of July 30, 2025, for repurchase under prior authorizations. Year-to-date through July 30, the company has repurchased 6.4 million shares for $1.7 billion.

ABOUT MARRIOTT INTERNATIONAL

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of over 9,600 properties across more than 30 leading brands in 143 countries and territories. Marriott operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the U.S. Securities and Exchange Commission, and any references to the websites are intended to be inactive textual references only.

IRPR#1

View original content to download multimedia:https://www.prnewswire.com/news-releases/marriott-international-declares-quarterly-cash-dividend-and-increases-share-buyback-authorization-302524549.html

SOURCE Marriott International, Inc.

FAQ

What is Marriott's (MAR) current quarterly dividend payment?

Marriott's quarterly dividend payment is $0.67 per share, payable on September 30, 2025, to shareholders of record as of August 21, 2025.

How many shares did Marriott (MAR) authorize for its new buyback program?

Marriott authorized an additional 25 million shares for repurchase, adding to the approximately 7.4 million shares remaining from prior authorizations.

How many shares has Marriott (MAR) repurchased in 2025?

Through July 30, 2025, Marriott has repurchased 6.4 million shares for $1.7 billion.

What is the total number of shares available for repurchase under Marriott's (MAR) buyback program?

Marriott has a total of 32.4 million shares available for repurchase, combining the new 25 million share authorization with the 7.4 million remaining from prior authorizations.

When is the record date for Marriott's (MAR) latest dividend?

The record date for Marriott's latest dividend is August 21, 2025, with payment scheduled for September 30, 2025.