Las Vegas Sands Corp. (LVS) said Wednesday that its Board of Directors has approved a multi-year share repurchase program.
The company said the initial authorization for the share repurchase program is $2 billion and the company expects to utilize the program in an opportunistic fashion.
In 2012, the company's Board of Directors established a recurring dividend of $1.00 per share per year, and increased the recurring dividend by 40% to $1.40 per share in 2013. In addition, the company paid a special dividend of $2.75 per share in December 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.