Summary by Futu AI
WYNN MACAU LIMITED (THE “COMPANY”) ANNOUNCED ON 30 MAY 2024 THAT THE BOARD OF DIRECTORS HAS APPROVED AMENDMENTS TO THE COMPANY'S EXISTING DIVIDEND POLICY, WHICH WILL TAKE EFFECT FROM THE SAME DATE. Under the new dividend policy, the Board of Directors will hold a meeting at least once every six months to consider declaring a dividend and may declare a special dividend when appropriate. The dividend declaration will take into account a number of factors, including the Group's financial performance, cash flow, business conditions and future operating needs. THE COMPANY EMPHASIZES THAT THE ABILITY TO PAY DIVIDENDS DEPENDS PRIMARILY ON THE CASH DISTRIBUTION OF THE SUBSIDIARY AND IS LIMITED BY RELEVANT LAWS AND REGULATIONS. The Board of Directors reserves the right to review and adjust the dividend policy at any time and expressly state that the revision of the dividend policy does not constitute a legally binding commitment to future dividend declarations. The Company's shareholders and potential investors should treat the relevant securities transactions with caution.