NYSE:TNLHospitality
Why Travel + Leisure (TNL) Is Up 5.1% After Authorizing New $750 Million Buyback Amid Loss
Earlier in February, Travel + Leisure Co. reported higher quarterly and full-year revenue but moved from quarterly net income to a US$61 million net loss, while also recommending a first-quarter 2026 dividend of US$0.60 per share and completing a long-running US$6.89 billion share repurchase program.
At the same time, the company authorized a new US$750 million buyback, signaling continued focus on returning cash to shareholders even as earnings softened.
We’ll now examine how this...