Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Flutter Entertainment PLC ( (FLUT) ) has shared an announcement.
Flutter Entertainment has continued its share repurchase program by redeeming and cancelling 50,940 ordinary shares on May 7, 2026, in U.S. trading venues at a volume‑weighted average price of about $99.96 per share, executed via Goldman Sachs. Following this latest tranche, the company has 173,552,193 ordinary shares in issue, as it progresses a previously announced $250 million buyback over a 10‑week window that sits within a broader plan to repurchase up to $5 billion of stock, underscoring an ongoing capital‑return strategy for shareholders and a signal of confidence in its long‑term valuation.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global sports betting and online gaming operator, offering brands across sportsbook, casino and poker to customers in key markets including the U.S., U.K. and Europe. The group focuses on regulated digital gambling and leverages scale and technology to compete in an increasingly consolidated betting and gaming industry.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.