tiprankstipranks
Advertisement
Advertisement

Flutter cancels 71,000 shares as part of $5bn buyback push

Story Highlights
Flutter cancels 71,000 shares as part of $5bn buyback push

Claim 55% Off TipRanks

Flutter Entertainment PLC ( (FLUT) ) has shared an announcement.

Flutter Entertainment has continued executing its previously announced share buyback programme, repurchasing 71,293 ordinary shares in the U.S. on 17 March 2026 via Goldman Sachs at a volume‑weighted average price of about $109.64. The shares, which will be cancelled, form part of a planned $250 million buyback over 10 weeks and a broader $5 billion capital return initiative, reducing the share count to 175,219,538 and signalling ongoing efforts to optimise its capital structure and return excess cash to shareholders.

More about Flutter Entertainment PLC

Flutter Entertainment plc is a global sports betting and online gaming group whose brands span sportsbooks, online casinos and related interactive gambling services. The company focuses on regulated markets, with a growing presence in the U.S. and listings that give it access to both European and American equity investors.

See more insights into FLUT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1