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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment plc has redeemed and cancelled 14,849 of its ordinary shares in the U.S. market on April 28, 2026, at a volume‑weighted average price of about $107.74 per share, via broker Goldman Sachs & Co. LLC. The move reduces the company’s share count to 173,996,089 and forms part of a previously announced $250 million 10‑week buyback and a broader $5 billion capital return program, signaling continued efforts to optimize its capital structure and enhance shareholder value.
The latest tranche of repurchases was executed across multiple U.S. trading venues, including NASDAQ and NYSE, under a broker‑led mandate designed to comply with U.K. and EU market abuse and listing regulations. By steadily retiring shares, Flutter is tightening its free float and potentially boosting earnings per share over time, underpinning its longer‑term strategy to return surplus cash to investors while maintaining regulatory transparency in its buyback activity.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global sports betting and online gaming company whose brands span online sportsbooks, casinos and related interactive gambling services. The group focuses on regulated markets, particularly in the U.S. and Europe, and competes for share in the fast‑growing digital wagering and iGaming sectors.
See more data about FLUT stock on TipRanks’ Stock Analysis page.