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Melco International Delays Circular Dispatch for Major Share Repurchase Transaction

Story Highlights

An announcement from Melco International ( (HK:0200) ) is now available.

Melco International Development Limited announced a delay in the dispatch of a circular related to a major transaction involving a share repurchase program by its subsidiary, Melco Resorts & Entertainment Limited. The company has received approval from the Stock Exchange for an extension to send out the circular by May 26, 2025, due to additional time needed to finalize information, which may impact shareholder communications and compliance timelines.

More about Melco International

Melco International Development Limited is a company incorporated in Hong Kong, primarily engaged in the leisure and entertainment industry. It operates through its listed subsidiary, Melco Resorts & Entertainment Limited, focusing on gaming and resort operations.

YTD Price Performance: -8.57%

Average Trading Volume: 4,055

Technical Sentiment Signal: Strong Buy

Current Market Cap: $640.8M

See more insights into 0200 stock on TipRanks’ Stock Analysis page.

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