Melco Resorts & Entertainment (MLCO) has released an update.
Melco Resorts & Entertainment Limited has announced the issuance of restricted shares and share options to select employees and service providers under its Share Incentive Plan, aiming to align interests with shareholders and reward contributions. The grants, which include top executives, involve over 11 million shares and will vest over a period from 2025 to 2027, with no performance targets or clawback mechanisms attached. These incentives are designed to enhance long-term value for the company and its stakeholders.
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