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Las Vegas Sands | DEF 14A: Definitive information statements

SEC announcement ·  Mar 29 04:12
Summary by Futu AI
Las Vegas Sands Corp. (LVS) announced the official opening of The Londoner Macao and a $1.2 billion investment in the property, signaling strong growth and optimism for the future. The company reinstated its program to return excess capital to stockholders, following a recovery in travel and tourism spending in its markets. The annual meeting of stockholders is scheduled for May 9, 2024, where elections for seven directors and other proposals will be voted on. The company also plans to amend and restate the 2004 Equity Award Plan, extending its term and increasing the share reserve. LVS's balance sheet strength has allowed for significant investments in Macao and Singapore, while pursuing new market opportunities. The company's financial performance in 2023 showed strong growth with a consolidated net income of $1.43 billion and adjusted property EBITDA of $4.09 billion. The announcement also detailed the company's commitment to corporate responsibility and ESG programs, highlighting its inclusion in various sustainability indices and recognition as one of America's Most Responsible Companies.
Las Vegas Sands Corp. (LVS) announced the official opening of The Londoner Macao and a $1.2 billion investment in the property, signaling strong growth and optimism for the future. The company reinstated its program to return excess capital to stockholders, following a recovery in travel and tourism spending in its markets. The annual meeting of stockholders is scheduled for May 9, 2024, where elections for seven directors and other proposals will be voted on. The company also plans to amend and restate the 2004 Equity Award Plan, extending its term and increasing the share reserve. LVS's balance sheet strength has allowed for significant investments in Macao and Singapore, while pursuing new market opportunities. The company's financial performance in 2023 showed strong growth with a consolidated net income of $1.43 billion and adjusted property EBITDA of $4.09 billion. The announcement also detailed the company's commitment to corporate responsibility and ESG programs, highlighting its inclusion in various sustainability indices and recognition as one of America's Most Responsible Companies.
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