International Game Technology PLC (NYSE:IGT) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares. The repurchases will be made pursuant to repurchase contracts entered into with counterparties approved by the company's shareholders, pursuant to which such counterparties will purchase ordinary shares for delivery to the company.

The repurchase program is expected to be funded through cash generated from operations. The shares acquired pursuant to the repurchase program will be cancelled or held in treasury. The program will be valid for a period of four years from the commencement date.