OTCPK:LNWOHospitality
Is Light & Wonder's Major Buyback and Index Shuffle Reshaping the Case for LNWO?
Light & Wonder announced in mid-November 2025 that its Board of Directors had authorized a substantial share repurchase program, enabling the company to buy back up to 80,234,110 shares through June 11, 2027.
This announcement came shortly after the company was both dropped from several major Russell and NASDAQ indices and added to the S&P Global BMI and FTSE All-World Index, highlighting a significant transition in its index inclusion profile.
Given the launch of a significant share buyback...