Press release
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IGT . NEWS RELEASE International Game Technology PLC Hosting 2021 Investor Day Today 11/16/2021 - Commits to Compelling 2025 Growth Objectives and Announces Multi - Year Share Buyback Program - Grow , Innovate , and Optimize strategic initiatives to deliver accelerated , compound annual growth rates of mid single - digits for revenue and mid - teens for operating income from 2022 - 2025 Expect to deliver strong cash flow generation with cumulative cash from operations of approximately $ 4.0 billion and free cash flow of about $ 2.4 billion from 2022 - 2025 - Balanced capital allocation plans support business reinvestment , debt reduction , and increased shareholder returns - $ 300 million multi - year share buyback program announced , enhancing shareholder returns after recently reinstating quarterly cash dividend - Separate public listing of the Digital & Betting business under evaluation LONDON , Nov. 16 , 2021 / PRNewswire / -- International Game Technology PLC ( " IGT " ) ( NYSE : IGT ) will host a virtual Investor Day today at 8:30 am EST , detailing the progress the Company has made over the past two years to build a solid foundation for profitable growth across all business segments , generate robust cash flows , and pursue a disciplined capital allocation strategy . " IGT's industry leadership is built on a legacy of innovation and trust . Through greater player engagement , responsible management , and best - in - class content , services , and solutions , we are well - positioned for profitable growth , " said Marco Sala , CEO of IGT . " Our diverse portfolio aligns with attractive end - markets and our strategy is to grow , innovate , and optimize . Over the next four years , we are confident we can deliver accelerating organic growth , significant margin expansion , and robust free cash flow to drive stakeholder value and increased shareholder returns . " Strategic Initiatives to Grow , Innovate , and Optimize Provide Foundation for Compelling Long 1