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Light & Wonder approves new buyback for up to $1.0B

Light & Wonder approves new buyback for up to $1.0B

In a regulatory filing, the company states: “On June 11, 2024, the Board of Directors of Light & Wonder approved a new share repurchase program under which the Company is authorized to repurchase, from time to time through June 12, 2027, up to an aggregate amount of $1.0 billion of its outstanding common stock. As of June 13, 2024, the Company has exhausted the $750 million share repurchase authorization under the Company’s prior share repurchase program.”

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