Hilton Grand Vacations files underwriting agreement for 5M share offering

Hilton Grand Vacations Inc. filed an underwriting agreement with Wells Fargo Securities for the sale of 5 million common shares by selling stockholders, with an option for up to 750,000 additional shares. The company agreed to repurchase 750,000 shares from underwriters, representing a secondary offering that could impact share structure and existing shareholder dilution.