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Marriott Vacations Worldwide Corporation - $VAC STOCK NEWS

Welcome to our dedicated page for Marriott Vacations Worldwide Corporation news (Ticker: $VAC), a resource for investors and traders seeking the latest updates and insights on Marriott Vacations Worldwide Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marriott Vacations Worldwide Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marriott Vacations Worldwide Corporation's position in the market.

Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the fourth quarter 2023 after the market closes on Wednesday, February 21. A conference call will follow at 8:30 a.m. ET on Thursday, February 22, to discuss the Company's results. Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company's website at ir.mvwc.com. An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on February 22 until 10 p.m. ET on March 22. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The conference ID for the recording is 13743641.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) announces a new organizational structure to drive long-term growth. Lori Gustafson expands her role as Executive Vice President and Chief Membership & Commercial Services Officer, overseeing membership business lines, enterprise shared service groups, and a newly formed Global Commercial Services team. Marcos Agostini is appointed Executive Vice President, Managing Director, Interval International. These changes aim to support the company's growth strategies and deliver consistent performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.61%
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) announced the appointment of Mary E. Galligan to its Board of Directors effective January 1, 2024. Ms. Galligan has a 35-year career in technology, cybersecurity, government relations, and risk management. She brings extensive experience in navigating high-profile crises and cyber incidents. Ms. Galligan's expertise will be immensely valuable in managing risk and driving growth for MVW.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
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management
Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) increases quarterly cash dividend by over 5% to $0.76 per share, payable on January 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.15%
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dividends
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation (VAC) to Host Fireside Chat at Barclays Eat, Sleep, Play Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
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conferences
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) completes a $450 million securitization of vacation ownership loans, issuing notes with a blended interest rate of 6.49%. The transaction was backed by a pool of approximately $459 million of vacation ownership loans from the company's timeshare brands. The proceeds will be used to pay down outstanding credit facility obligations and for other general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.86%
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation (NYSE: VAC) reported third quarter 2023 financial results. Consolidated Vacation Ownership contract sales were $438 million and volume per guest increased $87 sequentially to $4,055. Net income attributable to common shareholders was $42 million compared to $109 million in the prior year. Adjusted EBITDA was $150 million. The Company repurchased 793,300 shares of its common stock for $86 million during the quarter and declared a $0.72 per share quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.23%
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Rhea-AI Summary
Interval International, a leading travel membership company, has announced its top destinations for 2024 based on data from its 1.6-million members worldwide. The list includes popular spots like the Hawaiian Islands and Florida, as well as increased interest in international travel to destinations like Portugal, Scotland, and the U.S. Virgin Islands. Whistler, British Columbia is a newcomer to the list, joining top U.S. ski resorts.
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Rhea-AI Sentiment
End-of-Day
2.62%
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation to report Q3 2023 financial results
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Rhea-AI Sentiment
End-of-Day
-3.74%
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Rhea-AI Summary
Marriott Vacations Worldwide Corporation announces quarterly cash dividend of $0.72 per share of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.39%
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dividends
Marriott Vacations Worldwide Corporation

NYSE:VAC

VAC Rankings

VAC Stock Data

3.20B
31.44M
8.27%
84.56%
6.69%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
ORLANDO

About VAC

marriott vacations worldwide corporation is an independent public company and a leader in vacation ownership experiences. it has more than 400,000 owners and a diverse portfolio that includes more than 60 resorts worldwide representing three brands: marriott vacation club, the ritz-carlton destination club and grand residences by marriott. learn more at marriottvacationsworldwide.com.