Business Context and Reporting Period
This Form 6-K filing by International Game Technology PLC (NYSE: IGT) covers the month of October 2022, with the report dated October 21, 2022. The filing details the execution of the company's share repurchase program, which was originally announced on November 16, 2021.
Key Financial Metrics
The filing focuses exclusively on capital allocation activities regarding share buybacks. It does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics for the period.
| Share Class | Shares Purchased | Delivery Date | Max Price Paid | Min Price Paid |
|---|---|---|---|---|
| Ordinary | 765,300 | September 30, 2022 | $18.37 | $15.01 |
| Ordinary | 289,735 | October 7, 2022 | $16.51 | $15.21 |
| Ordinary | 298,580 | October 14, 2022 | $17.53 | $16.06 |
| Total | 1,353,615 | - | - | - |
Total Aggregate Cost: $22,167,906.23 for all shares listed above. The repurchased shares are currently held in treasury.
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The primary activity reported is the reduction of outstanding share count through the repurchase program.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a routine disclosure of share repurchase activity.
Investor Verification Checklist
- Verify the remaining authorization amount under the share repurchase program announced in November 2021.
- Confirm the total number of shares held in treasury following this transaction.
- Review the company's most recent Form 20-F or quarterly report for comprehensive financial performance metrics not included in this filing.