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Marriott Vacations Worldwide Corp (VAC.N)

VAC.N on New York Stock Exchange

98.69USD
18 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Marriott Vacations Worldwide Corp Announces Quarterly Cash Dividend
Friday, 10 May 2019 07:00am EDT 

May 10 (Reuters) - Marriott Vacations Worldwide Corp ::ORATION ANNOUNCES QUARTERLY CASH DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.45PER SHARE.  Full Article

Marriott Vacations Worldwide Reports Q1 Ad EPS Of $1.45
Tuesday, 7 May 2019 08:00am EDT 

May 7 (Reuters) - Marriott Vacations Worldwide Corp ::MARRIOTT VACATIONS WORLDWIDE ("MVW") REPORTS FIRST QUARTER FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.45.Q1 EARNINGS PER SHARE $0.51.Q1 EARNINGS PER SHARE ESTIMATE $1.64 -- REFINITIV IBES DATA.QTRLY ADJUSTED FULLY DILUTED EPS $1.45.REAFFIRMED GUIDANCE FOR FULL YEAR 2019.SEES FULL YEAR 2019 FULLY DILUTED EPS $4.76 TO $5.07.SEES 2019 ADJUSTED FULLY DILUTED EPS $7.33 TO $7.94.FY2019 EARNINGS PER SHARE VIEW $7.72 -- REFINITIV IBES DATA.  Full Article

Marriott Vacations Worldwide Reports Q4 Adj. EPS $1.49
Thursday, 28 Feb 2019 08:00am EST 

Feb 28 (Reuters) - Marriott Vacations Worldwide Corp ::MARRIOTT VACATIONS WORLDWIDE REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS AND PROVIDES 2019 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $1.49.Q4 EARNINGS PER SHARE $0.91.Q4 EARNINGS PER SHARE ESTIMATE $1.32 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUES $1,052 MILLION VERSUS $562 MILLION.MARRIOTT VACATIONS WORLDWIDE - SEES 2019 ADJUSTED FULLY DILUTED EPS $7.23 TO $7.83.SEES FY 2019 ADJUSTED FREE CASH FLOW $400 MILLION TO $475 MILLION.SEES FY 2019 CONTRACT SALES $1,530 MILLION TO $1,600 MILLION.MARRIOTT VACATIONS WORLDWIDE - SEES 2019 FULLY DILUTED EPS $5.21 TO $5.52.FY2019 EARNINGS PER SHARE VIEW $7.24 -- REFINITIV IBES DATA.QTRLY CONSOLIDATED VACATION OWNERSHIP CONTRACT SALES WERE $358 MILLION, AN INCREASE OF $151 MILLION, OR 73 PERCENT.MARRIOTT VACATIONS WORLDWIDE - ESTIMATES 2018 HURRICANES NEGATIVELY IMPACTED ADJUSTED EBITDA & CONTRACT SALES BY $2 MILLION AND $3 MILLION, RESPECTIVELY, IN QUARTER.  Full Article

Marriott Vacations Sets Quarterly Dividend Of $0.45 Per Share
Friday, 15 Feb 2019 09:00am EST 

Feb 15 (Reuters) - Marriott Vacations Worldwide Corp ::SETS QUARTERLY CASH DIVIDEND OF $0.45PER SHARE.  Full Article

Marriott Vacations Worldwide Corporation Announces Quarterly Cash Dividend And Increase To Share Repurchase Authorization
Friday, 7 Dec 2018 09:00am EST 

Dec 7 (Reuters) - Marriott Vacations Worldwide Corp ::ORATION ANNOUNCES QUARTERLY CASH DIVIDEND AND INCREASE TO ITS SHARE REPURCHASE AUTHORIZATION.SETS QUARTERLY CASH DIVIDEND OF $0.45PER SHARE.AUTHORIZED REPURCHASE OF AN ADDITIONAL 3 MILLION SHARES OF ITS COMMON STOCK.DURATION OF SHARE REPURCHASE PROGRAM ALSO HAS BEEN EXTENDED THROUGH END OF 2019.  Full Article

Marriott Vacations Worldwide Amends License, Agreement For Marriott Projects
Thursday, 20 Sep 2018 09:56am EDT 

Sept 20 (Reuters) - Marriott Vacations Worldwide Corp ::MARRIOTT VACATIONS WORLDWIDE-ON SEPT 14,ENTERED AGREEMENT AMENDING LICENSE, SERVICES, & DEVELOPMENT AGREEMENT FOR MARRIOTT PROJECTS, EFFECTIVE NOV 19, 2011.MARRIOTT - AMENDMENTS ACKNOWLEDGE THAT PREVIOUSLY AGREED $3 MILLION REDUCTION IN BASE ROYALTY FEE UNDER MVW LICENSE AGREEMENT CEASED AS OF SEPT 1, 2018.MARRIOTT VACATIONS - PREVIOUSLY AGREED ROYALTY FEE WILL BE OFFSET BY A $3 MILLION INCREASE IN MVW'S RECEIPT OF SOME CO-MARKETING FUNDS.MARRIOTT - MVW & VISTANA ARE PERMITTED TO SHARE INFORMATION RELATED TO VACATION OWNERSHIP BUSINESSES LICENSED UNDER MVW & VISTANA LICENSE AGREEMENTS.MARRIOTT - PARTIES AGREED TO TERMINATE RESTRICTIONS IN REDEMPTIONS BY VACATION OWNERSHIP PRODUCT OWNERS REGARDING MARRIOTT REWARDS BRAND LOYALTY PROGRAM.MARRIOTT VACATIONS WORLDWIDE- ON SEPT 14, UNIT VISTANA, & STARWOOD ENTERED TERMINATION OF NONCOMPETITION AGREEMENT, EFFECTIVE SEPT 1- SEC FILING.  Full Article

ILG Inc Says In Connection With Termination Of Merger, Co Or Marriott Vacations To Pay Fee Equal To $146 Mln
Tuesday, 1 May 2018 06:44am EDT 

May 1 (Reuters) - ILG Inc ::ILG INC - IN CONNECTION WITH TERMINATION OF MERGER UNDER SPECIFIED CIRCUMSTANCES, CO OR MARRIOTT VACATIONS, TO PAY FEE EQUAL TO $146 MILLION.  Full Article

Marriott Vacations Worldwide - Co, Units Entered ‍ Omnibus Amendment No. 7 To Certain Agreements Associated With $250 Million Warehouse Credit Facility​
Friday, 16 Mar 2018 05:41pm EDT 

March 16 (Reuters) - Marriott Vacations Worldwide Corp ::MARRIOTT VACATIONS WORLDWIDE - CO, UNITS ENTERED ‍ OMNIBUS AMENDMENT NO. 7 TO CERTAIN AGREEMENTS ASSOCIATED WITH $250 MILLION WAREHOUSE CREDIT FACILITY​.MARRIOTT VACATIONS WORLDWIDE-DUE TO AMENDMENT, CREDIT FACILITY REVOLVING PERIOD FOR WAREHOUSE CREDIT FACILITY EXTENDED TO MARCH 13, 2020​ - SEC FILING.  Full Article

Marriott Vacations Worldwide Corp Announces 14 Pct Increase To Quarterly Cash Dividend
Friday, 8 Dec 2017 09:00am EST 

Dec 8 (Reuters) - Marriott Vacations Worldwide Corp ::ORATION ANNOUNCES 14 PERCENT INCREASE TO QUARTERLY CASH DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.40PER SHARE.  Full Article

Marriott Vacations Worldwide posts Q3 EPS of $1.47
Thursday, 2 Nov 2017 08:00am EDT 

Nov 2 (Reuters) - Marriott Vacations Worldwide Corp :Marriott vacations worldwide reports third quarter financial results.Q3 adjusted earnings per share $1.41.Q3 earnings per share $1.47.Q3 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.Company estimates that hurricanes negatively impacted contract sales by approximately $12 million in Q3​.Estimates that hurricanes negatively impacted tour growth by approximately 6.5 percentage points​.Qtrly ‍total company vacation ownership contract sales were $198.5 million, $28.6 million, or 17 percent, higher than q3 of 2016​.Sees FY 2017 ‍contract sales growth 10 percent to 13 percent​.Sees ‍FY 2017 adjusted fully diluted EPS $5.30 to $5.41​.Sees FY 2017 ‍adjusted free cash flow $205 million to $225 million​.Sees FY 2017 GAAP ‍fully diluted EPS $5.26 to $5.37​.FY2017 earnings per share view $5.40 -- Thomson Reuters I/B/E/S.Q3 revenue view $473.6 million -- Thomson Reuters I/B/E/S.Company has updated its guidance for full year 2017 for changes primarily related to adverse impact of hurricanes​.Qtrly ‍total revenues $486.9 million versus $401.6 million​.  Full Article