Hilton Grand Vacations Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds (c) Issuer Purchases of Equity Securities On May 4, 2022, our Board of Directors approved a share repurchase program authorizing the Company to repurchase up to an aggregate of $500 million of its outstanding shares of common stock over a two-year period (the "2022 Repurchase Plan"). On May 3, 2023, our Board of Directors approved a new share repurchase program authorizing the Company to repurchase up to an aggregate of $500 million of its outstanding shares of common stock over a two-year period (the "2023 Repurchase Plan") which is in addition to the 2022 Repurchase Plan. The timing and actual number of shares repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements and other market and economic conditions. The shares are retired upon repurchase. The stock repurchase programs may be suspended or discontinued at any time and will automatically expire at the end of the respective plan terms. During the three months ended June 30, 2023, we repurchased the following shares: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under Plans April 1 - April 30, 2023 1,338,809 $ 44.82 1,338,809 $ 83,131,120 May 1 - May 31, 2023 813,070 43.22 813,070 547,992,135 June 1 - June 30, 2023 553,212 46.25 553,212 522,404,767 Total 2,705,091 $ 44.63 2,705,091 As of June 30, 2023, we had $522 million of remaining availability under the share repurchase programs, of which $22 million was under the 2022 Repurchase Plan and $500 million was under the 2023 Repurchase Plan. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable. 43 Table of Contents