Summary by Moomoo AI
Wynn Macau Limited granted a total of 352,000 shares to its 352 employees on October 3, 2024. The reward was based on the company's Employee Share Ownership Plan and did not set performance targets. The shares of the reward will be allocated to employees in two stages in 2027 and 2028. The board of directors of the company stated that this action aims to establish shared interests with employees and motivate them to contribute to the company's long-term growth. The granted rewards will not exceed the authorized limit of the Employee Share Ownership Plan. The Board confirmed that among the awarded employees, there are no company directors, key executives, or major shareholders, and no individuals exceeding the specified limits.
