---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-083154"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2026-07-13T21:15:58+00:00"
generated_at: "2026-07-13T21:18:10.341848+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder reiterates FY26 AEBITDA growth outlook; Q2 buyback $134M

## Summary
- Reaffirms mid-to-high single-digit Consolidated AEBITDA growth for FY26.
- Targets net debt leverage ratio below 3.0x during first half of 2027.
- Repurchased 1,612,580 CDIs in Q2 FY26 for ~$134M; $180M remaining under program.
- Shares outstanding (common + CDIs) at 77,049,181 as of July 1, 2026.
- Q2 FY26 results to be released August 4, 2026 after U.S. market close.

## SEC filing metadata
- accession: 0001104659-26-083154
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2026-07-13T21:15:58+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000110465926083154/0001104659-26-083154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000110465926083154/tm2620316d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-083154
- JSON: https://secwatch.observer/filing/0001104659-26-083154.json
- Plain text: https://secwatch.observer/filing/0001104659-26-083154.txt

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