The company said it bought back 1,612,580 CHESS Depositary Interests (CDIs) during the quarter.<\/p>\n\n\n\n\n\n\n\n
Australia.- The listed gaming supplier Light & Wonder<\/strong> has reported that it repurchased approximately US$134m worth of its shares during the second quarter of fiscal 2026. That reduces the amount remaining under its ongoing share repurchase programme to about US$180m.<\/p>\n\n\n\n In an update issued today, July 14, the company said it bought back 1,612,580 CHESS Depositary Interests (CDIs)<\/strong> during the quarter. The repurchases were suspended on June 29 ahead of the company\u2019s Q2 blackout period<\/strong>. As of July 1, 2026, Light & Wonder had 77,049,181 shares <\/strong>outstanding, including common stock and CDIs.<\/p>\n\n\n\n The company also reiterated its financial outlook for 2026, maintaining expectations for mid-to-high single-digit growth in consolidated adjusted EBITDA (AEBITDA)<\/strong>. It said it remains on track to reduce its debt relative to earnings to below its long-term target in the first half of 2027, subject to the continuation of its share repurchase programme.<\/p>\n\n\n\n Light & Wonder is scheduled to publish its financial results for the quarter ended June 30, 2026<\/strong>, on August 4<\/strong>. The company will host an investor conference call and webcast at 7.00p.m. US Eastern Time.<\/p>\n","protected":false},"excerpt":{"rendered":" The company said it bought back 1,612,580 CHESS Depositary Interests (CDIs) during the quarter.<\/p>\n","protected":false},"author":2395,"featured_media":9734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Light & Wonder repurchased US$134m in shares during Q2 2026, reducing its outstanding share repurchase program to US$180m, and reiterated its mid-to-high single-digit consolidated adjusted EBITDA growth outlook for 2026. The listed gaming supplier remains on track to achieve its long-term debt reduction target by H1 2027, contingent on continued share repurchases, with Q2 financial results due August 4.","focusai_entities":"Light & Wonder","focusai_location":"Australia, US","focusai_target_profile":"ceo_executive (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Buyback Impact on Debt?","query":"How does Light & Wonder's continued share repurchase program reconcile with its stated objective of reducing debt-to-earnings ratios below the long-term target by H1 2027, particularly given potential capital allocation trade-offs?"},{"label":"Q2 Earnings Expectations?","query":"What specific operational or market factors are anticipated to drive Light & Wonder's mid-to-high single-digit consolidated adjusted EBITDA growth for 2026, and how might Q2 results reflect these trends?"}],"footnotes":""},"categories":[16336,163],"tags":[289,29,24619],"class_list":["post-777044875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-australia","tag-casino","tag-finance"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777044875"}],"version-history":[{"count":8,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044875\/revisions"}],"predecessor-version":[{"id":777044896,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044875\/revisions\/777044896"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9734"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777044875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}