Light & Wonder reaffirms 2026 AEBITDA growth, targets $2B by 2028; $1.9B in buybacks

Light & Wonder, Inc.

Chairman Jamie Odell highlights transformation: $1.9B share buyback repurchasing ~25% of outstanding shares since March 2022.
Forecasts mid-to-high single-digit consolidated AEBITDA growth for 2026, with long-term targets of $2B AEBITDA and EPSa >$10.55 by 2028.
Notes resolution of material IP litigation and Grover acquisition integration providing clear platform for next growth phase.
Transition to sole primary ASX listing completed; governance and remuneration frameworks operate at intersection of US and Australian norms.

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