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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.