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Wynn Macau Grants Employee Ownership Awards to 466 Staff

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Wynn Macau Grants Employee Ownership Awards to 466 Staff

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

Wynn Macau announced the grant of awards under its Employee Ownership Scheme to 466 employees, allowing them to subscribe to a total of 466,000 ordinary shares. This initiative aims to align employee interests with the company’s goals, motivate staff, and recognize their contributions to the company’s long-term growth. The awards, which are not subject to performance targets, will vest in two equal installments in 2028 and 2029. The company emphasizes that the grant aligns with market practices and does not involve any financial assistance to participants.

The most recent analyst rating on (HK:1128) stock is a Buy with a HK$8.70 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 hospitality and gaming industry. It focuses on providing luxury resort and casino services in Macau, a major hub for gaming and tourism.

Average Trading Volume: 15,883,560

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.95B

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

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