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Wynn Macau Grants Share Options to Directors

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Wynn Macau Grants Share Options to Directors

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Wynn Macau ( (HK:1128) ) has issued an update.

Wynn Macau, Limited announced the grant of 4,856,000 share options to five independent non-executive directors under its share option scheme. The options, with a subscription price of HK$6.53 per share, are set to vest over a five-year period starting from December 2026, allowing the directors to subscribe to ordinary shares of the company. This move is part of Wynn Macau’s strategy to align the interests of its directors with those of its shareholders, potentially impacting the company’s governance and stakeholder relations.

The most recent analyst rating on (HK:1128) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Wynn Macau stock, see the HK:1128 Stock Forecast page.

More about Wynn Macau

Wynn Macau, Limited is a company incorporated in the Cayman Islands, operating in the gaming and hospitality industry. It is listed on the Hong Kong Stock Exchange and engages in the development, ownership, and operation of destination casino resorts in Macau.

Average Trading Volume: 10,157,847

Technical Sentiment Signal: Buy

Current Market Cap: HK$34.38B

See more data about 1128 stock on TipRanks’ Stock Analysis page.

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