What was the aggregate purchase price for Caption By Hyatt's share repurchases in 2022?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
evant in our sole discretion. The common stock repurchase program applies to our Class A and Class B
common stock. The share repurchase program does not obligate us to repurchase any dollar amount or number of shares, and the program may be suspended or discontinued at any time and does not have an expiration date.
| Year Ended December 31, | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||||
| Total number |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the aggregate purchase price for share repurchases in 2022 was $369 million. This figure reflects the total amount Caption By Hyatt spent to buy back its own shares during that year.
Share repurchases can impact franchisees indirectly. While the repurchase of shares doesn't directly affect the day-to-day operations of a franchise, it can influence the overall financial health and stability of the parent company. A company that is financially stable is more likely to invest in the brand, support its franchisees, and manage economic downturns effectively.
It's important to note that this figure is part of a larger financial picture. Prospective Caption By Hyatt franchisees should consider this information in the context of the company's overall financial performance, including revenues, expenses, and other investments, to gain a comprehensive understanding of the franchisor's financial position.