Business in the Burbs

Starwood adds $1 billion to buy stock

November

Starwood Hotels & Resorts Worldwide of White Plains said that its board of directors has authorized the repurchase of an additional $1 billion worth of stock. In the first nine months of the year, Starwood bought back 19.2 million shares at a cost of $1.22 billion.

This entry was posted on Thursday, November 8th, 2007 at 7:16 pm by Julie Moran Alterio.
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One Response to “Starwood adds $1 billion to buy stock”

Swistak November 9th, 2007 at 4:06 am
This might finally stop the dramatic collaps of their share price

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