Bluegreen Vacations Holding Corporation - BVHBB STOCK NEWS

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) announced a quarterly cash dividend of $0.20 per share, up from the previous $0.15. This dividend will be payable on March 20, 2023, to shareholders of record as of March 6, 2023. The company specializes in vacation ownership and manages numerous resorts, offering a points-based ownership program with access to over 11,300 hotels globally. This dividend increase reflects the company's confidence in its financial health and aims to reward shareholders.

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) has renewed its multi-year agreement with NASCAR, extending its role as the Official Vacation Ownership Provider for six additional years. The agreement also includes sponsorship of the NASCAR Duel at Daytona through 2024. This partnership aims to enhance unique experiences for Bluegreen vacation owners, who have previously enjoyed exclusive access to NASCAR events. Since its designation in 2018, over 1,800 owners have participated in special race weekend experiences, emphasizing the company's commitment to providing premium entertainment opportunities for its members.

Bluegreen Vacations Holding Corporation (NYSE: BVH) has completed its cash tender offer, purchasing 3,040,882 shares of its Class A Common Stock at $25.00 each, totaling approximately $76 million. The offer, which expired on December 23, 2022, represents around 18.9% of the issued Class A shares and 15.4% of all common shares. Following the buyback, Bluegreen will have 16,719,269 shares outstanding, comprised of 13,055,152 Class A and 3,664,117 Class B shares. All purchased shares will be canceled.

Bluegreen Vacations Holding Corporation (NYSE: BVH) has announced preliminary results from its cash tender offer to buy back up to 4,500,000 shares of Class A Common Stock at $25.00 per share. The offer expired on December 23, 2022, with 3,133,708 shares tendered, amounting to approximately $78.3 million. This represents about 19.5% of the Class A shares and reduces the total shares outstanding to 16,640,621. Final results will be confirmed by December 30, 2022.

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) has amended its tender offer to purchase up to 4.5 million shares of its Class A Common Stock. The offer price has increased from $22.17 to $25.00 per share, representing a 46.6% premium over the share price of $17.05 as of November 2, 2022. The expiration date for the tender offer has been extended to December 23, 2022. As of the initial expiration on December 9, 2022, 1,895,853 shares were tendered. Shareholders are advised to consult financial advisors before making decisions regarding the tender offer.

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) has announced a cash tender offer to purchase up to 4,500,000 shares of its Class A Common Stock at a price of $22.17 per share, representing a 30% premium over the closing price of $17.05 on November 2, 2022.

The total purchase cost could reach $99,765,000. Shareholders will be able to tender shares within twenty business days post-offer commencement. The exact conditions will be detailed in forthcoming documents.

Bluegreen Vacations Holding Corporation (BVH, BVHBB) reported a 1% decrease in net income to $23.0 million for Q3 2022, with diluted EPS increasing 12% to $1.19. Total revenue rose 17% to $250.8 million. System-wide sales of vacation ownership interests (VOIs) saw a 15% growth to $206.9 million. However, vacation packages sold dropped 22% to 40,595, attributed to staffing challenges and inflationary pressures. For the nine months ending September 30, 2022, net income increased 24% to $56.7 million, with total revenue growing 23% to $681.5 million.

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) plans to release its financial results for Q3 2022 on November 3, 2022, prior to market open. The Company specializes in vacation ownership and manages resorts in popular locations. With a unique points-based vacation ownership plan, Bluegreen offers access to 69 resorts and nearly 11,200 hotels through partnerships. The upcoming earnings report will provide insights into the Company’s financial health and performance.

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) declared a quarterly cash dividend of $0.15 per share on its Class A and Class B Common Stock. This dividend will be payable on November 21, 2022, to shareholders of record by the close of trading on November 7, 2022. Bluegreen is a leading vacation ownership company offering a flexible points-based vacation ownership plan and comprehensive resort management services.