Brightstar Lottery (NYSE: BRSL) details $250M ASR and new share repurchases
Rhea-AI Filing Summary
Brightstar Lottery PLC reported further activity under its share repurchase initiatives. The company received 1,661,519 ordinary shares on December 3, 2025 as the final delivery under its $250 million accelerated share repurchase plan, bringing total shares repurchased through that plan to 15,234,554 at an average price of $16.4101 per share. All of these shares are being held in treasury.
Brightstar Lottery PLC also repurchased 337,510 additional ordinary shares delivered on December 12, 2025 under its $500 million share repurchase program, executed within Rule 10b5-1 and Rule 10b-18 parameters under the U.S. Securities Exchange Act of 1934. These shares are likewise being held in treasury.
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FAQ
What share repurchase actions did Brightstar Lottery PLC (BRSL) report in this update?
Brightstar Lottery PLC reported the final delivery of shares under its accelerated share repurchase plan and an additional open-market repurchase. It received 1,661,519 ordinary shares on December 3, 2025 as the final delivery under its ASR and 337,510 ordinary shares on December 12, 2025 under its broader $500 million share repurchase program.
How many shares did Brightstar Lottery PLC (BRSL) repurchase under its accelerated share repurchase plan and at what price?
The company repurchased a total of 15,234,554 ordinary shares under its accelerated share repurchase plan. These shares were bought at a price of $16.4101 per ordinary share, representing the average daily volume-weighted average price, less a discount, over the full term of the plan.
What was the size of Brightstar Lottery PLC's share repurchase and ASR programs?
Brightstar Lottery PLC is operating a $500 million share repurchase program announced on July 1, 2025. Within this, it entered into a $250 million accelerated share repurchase plan, for which it made an upfront payment of $250 million and has now received all related shares.
Under what rules were the December 12, 2025 share repurchases by Brightstar Lottery PLC (BRSL) conducted?
The 337,510 ordinary shares delivered on December 12, 2025 were repurchased within the parameters prescribed by Rule 10b5-1 and Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as part of the company’s $500 million share repurchase program.
What happens to the shares repurchased by Brightstar Lottery PLC (BRSL)?
All of the ordinary shares repurchased by Brightstar Lottery PLC under both the accelerated share repurchase plan and the broader share repurchase program are being held in treasury, according to the company’s disclosure.
When were the final ASR shares and the additional repurchased shares delivered to Brightstar Lottery PLC?
The final 1,661,519 ordinary shares under the accelerated share repurchase plan were delivered to the company on December 3, 2025. The additional 337,510 ordinary shares under the broader repurchase program were delivered on December 12, 2025.