BUZZ-Hilton authorizes additional $3.5 bln stock buyback; shares rise

Reuters11-14

** Shares of hotel giant Hilton Worldwide up ~1% to $255 premarket

** HLT authorizes repurchase of an additional $3.5 bln worth of common stock under its existing repurchase program, bringing total amount to $4.8 bln

** 11 of 27 brokerages rate the stock "buy" or higher and 16 "hold"; their median PT is $237 - LSEG data

** Up to last close, stock up 38.75% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com;))

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