tiprankstipranks

Flutter Entertainment Advances $300 Million Share Buyback Program

Story Highlights

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

Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a $300 million share buyback program set to conclude by June 30, 2025. This move is part of a larger $5 billion buyback initiative aimed at enhancing shareholder value, with the transactions being executed by Goldman Sachs & Co. LLC.

More about Flutter Entertainment PLC

Flutter Entertainment PLC is a global sports betting and gaming company, known for its diverse portfolio of brands including Paddy Power, Betfair, and FanDuel. The company operates in various markets, focusing on providing online and retail betting services, as well as gaming and entertainment products.

YTD Price Performance: -15.69%

Average Trading Volume: 254,267

Technical Sentiment Signal: Sell

Current Market Cap: £31.02B

See more data about 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