Brightstar Lottery repurchases 13.6 million shares under ASR program

Published 21/08/2025, 22:16
Brightstar Lottery repurchases 13.6 million shares under ASR program

Brightstar Lottery PLC (NYSE:BRSL) reported Thursday that it has repurchased 13,573,035 ordinary shares as part of its accelerated share repurchase (ASR) program. The company made an upfront payment of $250 million for the initial delivery of these shares, each with a nominal value of $0.10. The shares were delivered to the company on August 6.

According to the statement, the maximum and minimum price paid per share was $18.4189. The repurchased shares are being held in treasury.

The company noted that the total number of ordinary shares ultimately deliverable under the $250 million ASR program, along with the final price paid per share, will depend on the average of the daily volume-weighted average prices of the shares during the ASR term, less a discount and subject to possible adjustments under the ASR agreement.

This information is based on a press release statement filed with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.