Melco International Development Unit Buys Back Further ADSs Worth $174 Million

MT Newswires Live

2025/04/08

Melco International Development (HKG:0200) unit Melco Resorts & Entertainment bought back 32.4 million American depositary shares (ADSs) from the open market for $174 million as of Monday, April 7, a same-day bourse filing said.

Melco International has obtained advance shareholder approval to ensure the full implementation of the $500 million buyback program under which the ADSs were repurchased.

A detailed circular with additional information is expected to be distributed to shareholders by April 30.

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Entertainment bought back 32.4 million American depositary shares (ADSs) from the open market for $174 million as of Monday, April 7, a same-day bourse filing said.</p><p>Melco International has obtained advance shareholder approval to ensure the full implementation of the $500 million buyback program under which the ADSs were repurchased.</p><p>A detailed circular with additional information is expected to be distributed to shareholders by April 30.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1172","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525894540","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525894540","pubTimestamp":1744115987,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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