WYNN · 10-Q · 2026Q2 · Full report

Capital Return Program

WYNN RESORTS LTD · 2026-08-06 · Importance 63 · Surprise 50 · In source text

During the first six months of 2026, the company repurchased 1,574,289 common shares for $165.5 million, including 1,269,765 shares bought under the publicly announced equity repurchase program for $128.8 million. Dividends paid increased to $95.0 million from $88.3 million in the prior-year period. On June 16, 2026, Wynn Macau, Limited paid a HK$0.223-per-share dividend totaling approximately $149.8 million for 2025, of which Wynn Resorts' share was $106.7 million. The company also distributed $15.9 million to Retail Joint Venture noncontrolling interest holders during the six-month period.

Key facts

• In November 2024, the Company's Board of Directors authorized the Company to repurchase a total of up to $1.0 billion of the Company's outstanding shares of common stock, increasing the previously available repurchase authorization by approximately $766 million. source
• The repurchase authorization has no expiration date and, as of June 30, 2026, the Company had $326.1 million in repurchase authority remaining under the program. source
• We repurchased 1,574,289 shares of common stock for $165.5 million during the six months ended June 30, 2026, including 1,269,765 shares repurchased pursuant to our public program for $128.8 million. source
• On June 16, 2026, WML paid a cash dividend of HK$0.223 per share for the year ended December 31, 2025, for a total U.S. dollar equivalent of approximately $149.8 million; Wynn Resorts' share of this dividend was $106.7 million. source
• The equity repurchase program authorizes discretionary repurchases by the Company from time to time through open market purchases, including pursuant to plans designed to comply with Rule 10b5-1, privately negotiated transactions, accelerated share repurchases, or block trades. source

Impact estimates