Extended Stay America (STAY) Declares $0.06 Special Dividend; Approves $100M Buyback
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Extended Stay America Announces Special Distribution and Share Repurchase Authorization
December 10, 2015 4:35 PM EST- Special Distribution of $0.25 per Paired Share -
- $100 million Paired Share Repurchase Program -
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Extended Stay America, Inc.s (the Company) (NYSE: STAY) subsidiary, ESH Hospitality, Inc., today announced that its Board of Directors has declared a special cash distribution of $0.19 per share, payable to ESH Hospitality, Inc.s Class A and Class B common shareholders. Additionally, the Board of Directors of Extended Stay America, Inc. has declared a special cash distribution of $0.06 per share, payable to Extended Stay America,... More
