Melco says Q3 share repurchases totalled US$160m as it prioritises deleveraging
Melco Resorts & Entertainment said it repurchased 33.1 million American Depositary Shares for US$160m in the third quarter, bringing its 2026 repurchases to 47.1 million shares costing US$236m. The company maintained a target of resuming dividends by late 2027, while chief executive Lawrence Ho said increasing its stake in Studio City was not a current priority.
Investors can track Melco’s share repurchases, dividend target and stated priority to deleverage.