Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: Market Information and Dividend Policy
+Added: Market Information
Our outstanding common stock trades on the Nasdaq Global Select Market under the symbol "WYNN."
−Removed: On May 6, 2020, the Company announced that its Board of Directors had suspended its quarterly dividend program due to the financial impact of the COVID-19 pandemic.
−Removed: As a result, the Company has not paid any dividends since the first fiscal quarter of 2020.
−Removed: Any decision to declare and pay dividends in the future will be made at the discretion of our Board of Directors and will depend on, among other things, our results of operations, financial condition, cash flows, working capital and capital expenditure requirements, contractual restrictions (including under the agreements governing our debt facilities) and other factors that our Board may deem relevant at that time.
There were approximately 159 holders of record of our common stock as of February 14, 2024.
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Issuer Purchases of Equity Securities
−Removed: The following table summarizes the share repurchases made by the Company under its publicly announced equity repurchase program during the three months ended December 31, 2022:
−Removed: For the Month Ended Number of Shares Repurchased Weighted Average Price Paid Per Share Shares Repurchased as Part of a Publicly Announced Program Approximate Dollar Value Remaining Under the Program (in thousands) (1)
−Removed: October 31, 2022 82,900 $ 59.08 82,900 $ 628,841
−Removed: November 30, 2022 — $ — — $ 628,841
−Removed: December 31, 2022 — $ — — $ 628,841
−Removed: (1) In April 2016, the Company's Board of Directors authorized an equity repurchase program of up to $1.00 billion of our common stock.
−Removed: Repurchases may be made at the discretion of the Company from time to time on the open market or in privately negotiated transactions.
+Added: The following table summarizes the share repurchases made by the Company during the three months ended December 31, 2023:
+Added: For the Month Ended Number of Shares Repurchased (1)(2)
+Added: Weighted Average Price Paid Per Share Shares Repurchased as Part of a Publicly Announced Program (2)
+Added: Approximate Dollar Value Remaining Under the Program (in thousands)
+Added: October 1, 2023 to October 31, 2023 408,562 $ 88.53 406,304 $ 536,704
+Added: November 1, 2023 to November 30, 2023 609,622 $ 86.48 590,796 $ 485,704
+Added: December 1, 2023 to December 31, 2023 614,615 $ 85.49 612,525 $ 433,359
+Added: (1) Shares purchased in October 2023, November 2023, and December 2023 include 2,258, 18,826 and 2,090 shares, respectively, purchased in satisfaction of employee tax withholding obligations on vested restricted stock relating to our stock incentive plans.
+Added: Refer to Note 13, "Stock-Based Compensation" for additional details on our stock incentive plans.
+Added: (2) In April 2016, the Company announced that the Board of Directors authorized an equity repurchase program of up to $1.0 billion of our common stock, with no expiration.
+Added: Under the program, repurchases may be made at the discretion of the Company from time to time on the open market or in privately negotiated transactions.
The Company is not obligated to make any repurchases, and the repurchase program may be discontinued at any time.
−Removed: Any shares acquired are available for general corporate purposes.
−Removed: Any shares repurchased during the periods presented are held as treasury shares.
−Removed: As of December 31, 2022, we had $628.8 million in repurchase authority remaining under the equity repurchase program.
−Removed: The following table summarizes the shares we repurchased in satisfaction of employee tax withholding obligations on vested restricted stock during the three months ended December 31, 2022, which were not part of the Company's publicly announced equity repurchase program:
−Removed: For the Month Ended Number of Shares Repurchased Weighted Average Price Paid Per Share Approximate Dollar Value of Repurchased Shares
−Removed: (in thousands)
−Removed: October 31, 2022 3,501 $ 66.33 $ 232
−Removed: November 30, 2022 11,091 $ 68.75 $ 762
−Removed: December 31, 2022 35,292 $ 84.49 $ 2,982
−Removed: For more information on the Company's publicly announced repurchase program, see Item 8—"Financial Statements and Supplementary Data," Note 8, "Stockholders' Equity (Deficit)."
+Added: Any shares acquired are held as treasury shares and available for general corporate purposes.
Stock Performance Graph
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.