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This follows VIK's retreat after a $110.09 high on Aug. 5.
September 10, 2026
LOGO: VIKING
Viking Holdings' board authorized a share repurchase program for up to $1b ordinary shares.
"The share repurchase authorization reflects confidence in Viking's long-term prospects, strong financial position and ability to continue generating substantial cash flow," Viking President/CEO Leah Talactac said. "This authorization provides flexibility to return capital to shareholders while continuing to invest in our fleet, guest experience and future growth opportunities."
VIK closed Thursday at $84.01, down $1.06, with shares rising in after-hours trading.
The stock hit a high of $110.09 on Aug. 5 and has closed as low as $56.37 over the past 52 weeks.
The company went public May 1, 2024, priced at $24 per share and debuted at $26.15.
Buybacks under the program may be made from time to time through open market purchases, privately negotiated transactions, accelerated share repurchase transactions or other means, subject to market conditions.
