---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-072422"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2026-06-10T21:15:27+00:00"
generated_at: "2026-06-10T21:16:18.105521+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-072422
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2026-06-10T21:15:27+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000110465926072422/0001104659-26-072422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000110465926072422/tm2617506d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-072422
- JSON: https://secwatch.observer/filing/0001104659-26-072422.json
- Plain text: https://secwatch.observer/filing/0001104659-26-072422.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.