WYNN RESORTS LTD
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Item 5. Market Information
Our outstanding common stock trades on the Nasdaq Global Select Market under the symbol "WYNN."
Holders
There were approximately 159 holders of record of our common stock as of February 14, 2024. This number does not include an estimate of the indeterminate number of beneficial holders whose shares may be held by brokerage firms and clearing agencies.
Issuer Purchases of Equity Securities
The following table summarizes the share repurchases made by the Company during the three months ended December 31, 2023:
| For the Month Ended | Number of Shares Repurchased(1)(2) | Weighted Average Price Paid Per Share | Shares Repurchased as Part of a Publicly Announced Program(2) | Approximate Dollar Value Remaining Under the Program (in thousands) |
|---|---|---|---|---|
| October 1, 2023 to October 31, 2023 | 408,562 | $88.53 | 406,304 | $536,704 |
| November 1, 2023 to November 30, 2023 | 609,622 | $86.48 | 590,796 | $485,704 |
| December 1, 2023 to December 31, 2023 | 614,615 | $85.49 | 612,525 | $433,359 |
(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. Refer to Note 13, "Stock-Based Compensation" for additional details on our stock incentive plans.
(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. 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. Any shares acquired are held as treasury shares and available for general corporate purposes.
Stock Performance Graph
The graph below compares the five-year cumulative total return on our common stock to the cumulative total return of the Standard & Poor's 500 Stock Index ("S&P 500") and the Dow Jones US Gambling Index. The performance graph assumes that $100 was invested on December 31, 2018 in each of the Company's common stock, the S&P 500 and the Dow Jones US Gambling Index, and that all dividends were reinvested. The stock price performance shown in this graph is neither necessarily indicative of, nor intended to suggest, future stock price performance.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.