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CIO Bulletin
10 March, 2025
Executive Vice President and CFO Oliver Chow at Light & Wonder conducts stock trades as the firm demonstrates strong financial results along with launching a $1 billion share repurchase initiative.
Recent SEC filings show that Oliver Chow who serves as Executive Vice President along with being Chief Financial Officer (CFO) and Treasurer of Light & Wonder Inc. has engaged in significant stock deals. On March 7, 2025, Chow sold 2,595 common stock shares that he distributed at the average price of $104.94 reaching a final total amount of $272,319. During March 5 2025 Chow obtained 4,344 common stock shares through a transaction that required no immediate payment.
The same day he fulfilled his tax withholding requirements after restricted stock unit vesting through selling 1,749 shares at $106.19 per share value that reached $185,726. Chow took control of his company investments by purchasing new shares and selling existing ones to optimize personal solvency and conform to tax obligations.
The gambling entertainment company Light & Wonder exceeded earnings per share (EPS) forecast by posting $1.42 in fourth-quarter 2024 earnings. Market revenue reached $797 million in this period marking a 4% growth from the previous year but falling short of predicted $805 million. Light & Wonder supported its Adjusted EBITDA projection of $1.4 billion for 2025 as the company started a new $1 billion share repurchase initiative. The company plans to enhance its market standing through the ongoing acquisition of Grover Gaming in addition to their strategies for international expansion.







