Flutter Entertainment Advances $300 Million Share Buyback Program

Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.

Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares as part of a $300 million buyback program set to run until June 30, 2025. This move is part of a larger $5 billion share buyback initiative announced in September 2024, aimed at enhancing shareholder value and optimizing the company’s capital structure.

More about Flutter Entertainment PLC

Flutter Entertainment PLC is a global sports betting and gaming company. It offers a range of products including online sports betting, gaming, and entertainment services, primarily focusing on the UK, Ireland, Australia, and the United States markets.

YTD Price Performance: -17.86%

Average Trading Volume: 238,412

Technical Sentiment Signal: Hold

Current Market Cap: £30.39B

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