leurs
their
Ils ont oublié leurs clés sur la table.
They forgot their keys on the table.
theirs
On a nos billets, mais ils n'ont pas encore les leurs.
We have our tickets, but they don't have theirs yet.
Notes
GENERAL INFO
Leurs is a possessive adjective meaning "their". It always precedes a *plural* noun, indicating that multiple people own multiple items.
USAGE
It's used when the owners are plural and the owned item(s) are also plural.
For example: "Ils aiment leurs parents" (They love their parents).
It agrees in number with the *noun it modifies*, not the owner: "leurs voitures" (their cars).
TRAPS
Do not confuse leurs (plural possessive adjective) with "leur" (singular possessive adjective, e.g., "leur livre" - their book).
Also, "leur" can be an indirect object pronoun (e.g., "Je leur parle" - I speak to them).
