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Crown Resorts Ltd (CWN.AX)

CWN.AX on Australia Stock Exchange

12.95AUD
26 May 2017
Change (% chg)

$-0.10 (-0.77%)
Prev Close
$13.05
Open
$13.09
Day's High
$13.10
Day's Low
$12.89
Volume
1,748,231
Avg. Vol
1,886,740
52-wk High
$14.06
52-wk Low
$10.31

Latest Key Developments (Source: Significant Developments)

Melco International Development says Crown Sub to dispose its remaining stake in Melco Resorts
Monday, 8 May 2017 10:50am EDT 

May 8 (Reuters) - Melco International Development Ltd <0200.HK>:Crown Sub has agreed to dispose of its remaining shareholding in Melco Resorts.Melco resorts entered into share repurchase agreement with Crown Sub and Crown.Melco resorts has agreed to repurchase an aggregate 165.3 million melco resorts shares from crown sub.  Full Article

Crown Resorts announces issue of options
Tuesday, 25 Apr 2017 09:22pm EDT 

April 26 (Reuters) - Crown Resorts Ltd :issued a total of 14 million options to acquire a like number of fully paid shares in crown..options are unquoted options and have been issued to john alexander and a small number of senior executives.under terms of options, any shares to be delivered on vesting and exercise of options issued to john alexander must have been purchased on-market.Exercise price of each option is $11.431 less amount per share of special dividends and capital returns.shareholder approval is not required for issue..  Full Article

Crown Resorts enters equity swap for its shareholding in Melco Crown Entertainment
Tuesday, 28 Mar 2017 06:26pm EDT 

Crown Resorts Ltd : Entered into a cash-settled equity swap in respect of its shareholding in Melco Crown Entertainment Limited . Cash-settled equity swap referencing 12.0 MLN MCE ADSs . Price hedge under swap transaction has been set at US$18.05 per MCE ADS .Swap transaction provides price hedge in respect of any future sale of MCE shares equivalent to number of MCE ADSs referenced in swap transaction.  Full Article

Crown Resorts update in relation to buy-back of Crown Resorts ordinary shares
Sunday, 5 Mar 2017 05:29pm EST 

Crown Resorts Ltd : Update in relation to buy-back of Crown Resorts ordinary shares .Has received required regulatory approvals and intends to commence on-market share buy-back on or after 20 March 2017.  Full Article

Crown Resorts announces buy-back of subordinated notes
Sunday, 5 Mar 2017 05:29pm EST 

Crown Resorts Ltd : Buy-back of subordinated notes . Intends to commence buying back any and all of outstanding subordinated notes listed on asx under code "CWNHA" . Full principal amount of notes outstanding is approximately $530 million .Consolidated press holdings group advised crown that it may seek to sell some or all of its notes.  Full Article

Crown Resorts CEO to step down
Wednesday, 22 Feb 2017 06:34pm EST 

Crown Resorts Ltd : CEO Rowen Craigie will step down from his role .Craigie's responsibilities will be assumed by executive chairman, John Alexander.  Full Article

Crown Resorts says intends to undertake share buyback of about $500 mln
Wednesday, 22 Feb 2017 05:45pm EST 

Crown Resorts Ltd : Proposed Crown REIT IPO will not proceed at this time . Intends to undertake an on-market share buy-back of approximately $500 million commencing following receipt of regulatory approvals . Crown now intends to adopt a new dividend policy . Crown now intends to undertake a buy-back of subordinated notes listed on asx under code "cwnha" .Adopted a new dividend policy to pay 60 cents per share on a full year basis, subject to company's financial position.  Full Article

Crown Resorts says HY net profit after tax rises 76 pct
Wednesday, 22 Feb 2017 05:45pm EST 

Crown Resorts Ltd : for half year ended 31 december 2016 crown reported a net profit of $354.0 million, compared to $200.7 million in prior comparable period . hy revenues $ 1.77bln versus $1.88 billion a year ago . interim dividend 30.0 cents per share .directors have declared special dividend of 83 cents per share.  Full Article

Crown Resorts says Queensbridge hotel tower receives planning approval
Wednesday, 8 Feb 2017 05:01pm EST 

Crown Resorts Ltd - : Queensbridge hotel tower receives planning approval .Crown and jv partner Schiavello have agreed to invest up to $100 million in tourism and public realm amenities.  Full Article

Crown Resorts says John Alexander to be appointed chairman
Monday, 9 Jan 2017 05:40pm EST 

Crown Resorts Ltd : John Alexander to be appointed chairman of Crown Resorts . Robert Rankin will be stepping down as chairman of Crown Resorts . Rankin will remain as a Crown Resorts Limited director and a director of Melco Crown Entertainment Limited. .James Packer has been appointed as a director of crown resorts.  Full Article

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Australia's Crown Resorts quits Macau, trains sights on home

SYDNEY/HONG KONG Australia's Crown Resorts Ltd quit its remaining stake in Macau-focused Melco Resorts and Entertainment Ltd for $1.16 billion, ending a fraught offshore expansion and freeing up cash for new projects at home.