05:23 PM EDT, 08/12/2025 (MT Newswires) -- Hilton Grand Vacations ( HGV ) said late Tuesday it plans a secondary public offering of seven million common shares held by entities managed by Apollo Global Management ( APO ) .

The company said it granted underwriters a 30-day overallotment option to buy up to an additional 1.05 million shares from the selling stockholders.

The company will not receive any proceeds from the offering, it said.

The company also authorized the concurrent purchase from the underwriters of up to $40 million of common shares as part of the public offering, according to a statement.