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Flutter Entertainment PLC ( (FLUT) ) has provided an update.
Flutter Entertainment has continued its previously announced share buyback programme, repurchasing 47,424 ordinary shares in the U.S. market on March 26 at a volume‑weighted average price of about $103.22 per share. The shares, acquired through Goldman Sachs & Co. LLC across multiple trading venues, will be cancelled, reducing the company’s share count to 174,738,480 and incrementally advancing its plan to buy back up to $250 million of stock in the current 10‑week window and up to $5 billion overall, signalling ongoing capital returns to shareholders and potential enhancement of earnings per share.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global sports betting and gaming operator with a significant presence in online wagering and iGaming. The group operates a portfolio of well-known betting brands across key regulated markets, with its ordinary shares traded in both the U.S. and U.K., and is a major player in the international gambling industry.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.