• Light & Wonder Chairman Jamie Odell highlighted a five-year overhaul spanning governance, portfolio reshaping, deleveraging, and a sharper focus on gaming technology and content.
• Management shifted to a sole primary ASX listing in 2025, citing ASX trading at about 37% of total equity volume since the May 2023 secondary listing.
• Net leverage peaked at 10.5x before the transition; the board set a 2.5x-3.5x net debt leverage target range, recently staying below 3.5x.
• Buybacks returned about $1.9 billion from March 2022 through March 31, 2026, cutting share count by about 25% versus pre-program levels.
• For 2026, the company forecast mid-to-high single-digit consolidated AEBITDA growth; it reiterated 2028 targets of $2 billion AEBITDA, EPSa above $10.55.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Light & Wonder Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-072422), on June 10, 2026, and is solely responsible for the information contained therein.