{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-24-000897","form_type":"8-K","ticker":"LNWO","cik":"0000750004","company_name":"Light & Wonder, Inc.","filed_at":"2024-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.901308+00:00","generated_at":"2026-06-01T04:44:19.151616+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Light & Wonder Board authorizes new $1B share buyback through June 2027","bullets":["Prior $750M program exhausted; purchased 11.2M shares (11.5% of outstanding) at avg $66.72, a 28% discount to $92.35 close.","New program authorized up to $1 billion, running through June 12, 2027, superseding prior Feb 2025 expiry.","CEO cites strong operating performance and on-track for $1.4B Consolidated AEBITDA target by 2025.","CFO notes net debt leverage at middle of 2.5-3.5x target range, providing capital allocation optionality.","Repurchases may be made via open market, private transactions, or Rule 10b5-1 plans at company discretion."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-24-000897","json":"https://secwatch.observer/filing/0000950157-24-000897.json","markdown":"https://secwatch.observer/filing/0000950157-24-000897.md","text":"https://secwatch.observer/filing/0000950157-24-000897.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/750004/000095015724000897/0000950157-24-000897-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/750004/000095015724000897/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:44:19.151616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}