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Flutter Cancels Another Tranche of Shares Under $5bn Buyback Plan

Story Highlights
  • Flutter repurchased 8,256 U.S.-listed shares at about $104.38 each, cancelling them and cutting its share count to 173.9 million.
  • The move is part of a $250 million tranche within Flutter’s broader $5 billion buyback, aimed at boosting capital returns and EPS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flutter Cancels Another Tranche of Shares Under $5bn Buyback Plan

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

Flutter Entertainment has continued its previously announced share repurchase programme, buying back 8,256 ordinary shares in the U.S. market on April 23 at a volume-weighted average price of $104.38 per share. The shares, acquired via broker Goldman Sachs & Co. LLC across multiple venues, will be cancelled, reducing the total number of shares in issue to 173,920,886.

The latest transaction forms part of Flutter’s current 10-week buyback of up to $250 million launched in March 2026, itself a tranche of a broader plan to repurchase up to $5 billion of shares. The ongoing buybacks signal management’s continued focus on capital returns and balance-sheet optimisation, potentially enhancing earnings per share and supporting the stock for existing shareholders.

More about Flutter Entertainment PLC

Flutter Entertainment plc is a global sports betting and online gaming operator with a portfolio of well-known wagering and iGaming brands. The company focuses on regulated markets, offering digital betting and gaming services primarily across the U.S., U.K., Ireland and other international jurisdictions.

Learn more about FLUT stock on TipRanks’ Stock Analysis page.

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