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Flutter Entertainment PLC ( (FLUT) ) has shared an announcement.
Flutter Entertainment plc has begun executing a new tranche of its share buyback programme, repurchasing 65,785 ordinary shares in the U.S. market on 12 March 2026 at a volume‑weighted average price of $108.58 per share. The shares, acquired via Goldman Sachs & Co. LLC across multiple trading venues, will be cancelled, reducing the company’s share count to 175,450,595.
The latest redemptions form part of Flutter’s plan to repurchase up to $250 million of stock over a 10‑week period starting 12 March 2026, within a broader $5 billion buyback announced in 2024. The move underlines management’s ongoing use of buybacks to return capital to shareholders and tighten the company’s equity base, potentially supporting earnings per share and signalling confidence in its long‑term outlook.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global sports betting and online gaming company whose brands offer wagering, iGaming and related digital entertainment products. Listed in both the U.K. and U.S. markets, the group focuses on regulated jurisdictions and uses share repurchases as part of its broader capital management strategy.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.