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Lawrence Ho repurchase more shares in Melco

George Miller
February 28, 2019
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Lawrence Ho, the Chairman and CEO of Melco Resorts and Entertainment, has increased his stake in the company by approximately 1 per cent. Now, he is having 55.8 per cent holding in Melco.

The company announced that Mr. Ho now holds 770,477,237 shares. There are another 4,596,981 ordinary shares available for him to buy, in addition to a further 217,140 restricted shares pursuant to Melco’s incentive plan.

In November 2018, a filing to Nasdaq showed that Ho, along with majority shareholder Melco International Development and Melco International Subsidiary, Melco Leisure and Entertainment, increased their stake to 54.6 per cent after a share repurchase.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Lawrence Ho repurchase more shares in Melco

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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Expertise & Evolution – More Than Just News

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