LAS VEGAS SANDS CORP 8K

Las Vegas Sands reported lower year-over-year second quarter 2026 earnings and EBITDA while expanding its share repurchase authorization to $6.0 billion and extending the program to 2029, supported by strong Singapore operations and substantial liquidity.

Las Vegas Sands Corp. reported its financial results for the quarter ended June 30, 2026, announcing net revenue of $3.15 billion, net income of $373 million (down from $519 million a year earlier), diluted EPS of $0.53, and consolidated adjusted property EBITDA of $1.12 billion, with performance impacted by unusually low rolling play hold in Macao despite solid volumes and continued strong results at Marina Bay Sands in Singapore. The company highlighted shareholder return actions, including repurchasing $787 million of common stock during the quarter and the Board of Directors’ subsequent authorization on July 21, 2026 to increase the remaining share repurchase capacity to $6.0 billion and extend the program through July 21, 2029, alongside maintaining a $0.30 per share quarterly dividend. Management emphasized ongoing investments in service and hospitality offerings in Macao, continued industry-leading performance in Singapore, a strengthened liquidity position following receipt of $1.26 billion from repayment of the seller-financing loan tied to the prior Las Vegas asset sale, and significant available borrowing capacity and capital expenditure commitments, notably for the Marina Bay Sands expansion project.

Filing Facts

CIK

1300514

Ticker

LVS

Form

8K

Source Type

sec

Accession

0001300514-26-000078

Alert Tier

6