04:59 AM EDT, 08/13/2025 (MT Newswires) -- Hilton Grand Vacations ( HGV ) said late Tuesday that a secondary public offering of 7 million common shares of the company by certain entities managed by Apollo Global Management ( APO ) affiliates has priced.

Underwriters will have a 30-day overallotment option to acquire up to 1.05 million additional shares.

Hilton Grand said it authorized the concurrent purchase of up to $40 million of shares from the offering's underwriters.

The offering is expected to close Thursday.

Hilton Grand shares were down 3.7% in recent premarket activity Wednesday.