Light & Wonder Announces Authorization of New $1 Billion Share Repurchase Program [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Light & Wonder, Inc. (LNW)
Company Research
Source: Yahoo! Finance
the "Company") today announced that its Board of Directors has approved a new three-year share repurchase program for the repurchase of up to $1 billion in the Company's outstanding common stock through June 12, 2027. The prior share repurchase program authorized the Company to repurchase up to $750 million of its common shares and was set to expire on February 26, 2025. As of June 13, 2024, the Company has exhausted the full $750 million share repurchase authorization and purchased 11.2 million common shares, or 11.5% of shares outstanding at the inception of the program. The average purchase price of $66.72 per share represents a 28% discount to today's closing price of $92.35. Matt Wilson, Chief Executive Officer of Light & Wonder , said, "I am pleased to announce that the Board has approved a new, upsized share repurchase program as we continue to successfully execute our growth strategy and return meaningful capital to our shareholders. With strong operating performance con
Show less
Read more
Impact Snapshot
Event Time:
LNW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LNW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LNW alerts
High impacting Light & Wonder, Inc. news events
Weekly update
A roundup of the hottest topics
LNW
News
- Scientific Games and Fremantle Continue Successful Licensing Partnership with Iconic TV Game Show Brands [Yahoo! Finance]Yahoo! Finance
- Washington's Lottery Selects Scientific Games for Next Era of Scratch Game Innovation and Growth [Yahoo! Finance]Yahoo! Finance
- Light & Wonder announces authorization of new $1B share repurchase program [Seeking Alpha]Seeking Alpha
- Light & Wonder Announces Authorization of New $1 Billion Share Repurchase ProgramBusiness Wire
- Light & Wonder: Among First Movers In The Gaming Industry's AI Revolution [Seeking Alpha]Seeking Alpha
LNW
Earnings
- 5/8/24 - Beat
LNW
Sec Filings
- 6/13/24 - Form 8-K
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- LNW's page on the SEC website