8-K: Light & Wonder Reports Increase in CDIs and Common Stock for March 2025

Light & Wonder's March 2025 report reveals an increase in both CHESS Depositary Interests (CDIs) and common stock, attributed to security transfers and share repurchase activities.

Summary

• Light & Wonder Inc. released a statement on April 8, 2025, regarding the number of CHESS Depositary Interests (CDIs) on issue, as required for companies with dual listings on the ASX and an overseas exchange.
• The report covers the month of March 2025.
• The total number of CDIs quoted on the ASX increased from 26,384,966 to 26,457,647, a net increase of 72,681.
• This change is due to net transfers of securities between CDIs and common stock.
• The total number of common stock shares increased from 57,997,161 to 58,626,583, a net increase of 629,422.
• This change is due to the transfer of common shares to CDIs, a decrease in common shares repurchased by the issuer's ongoing share repurchase program, offset by an increase in total shares outstanding pursuant to vesting of issuer's outstanding RSU's & exercise of previously issued options to Common Shares.

Sentiment

Score: 5

Explanation: The document is a factual report on changes in CDIs and common stock, with no inherent positive or negative sentiment.

Positives

• The increase in both CDIs and common stock may indicate increased investor interest or activity in Light & Wonder's securities.

Industry Context

Companies with dual listings are required to report changes in their CDIs to the ASX, providing transparency to investors.

Key Dates

Keywords

CDI, CHESS Depositary Interests, Common Stock, Share Repurchase, ASX, Light & Wonder, Securities