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Flutter Entertainment PLC ( (FLUT) ) just unveiled an update.
Flutter Entertainment PLC announced the acquisition and cancellation of its own ordinary shares as part of a larger share buyback program, initially disclosed in 2024. This initiative, involving the redemption of shares through Goldman Sachs & Co. LLC, is part of Flutter’s plan to repurchase up to $5 billion of shares, aiming to enhance shareholder value and optimize the company’s capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a major player in the global gaming and betting industry, offering a diverse range of online and retail betting products and services. The company focuses on providing an innovative and responsible gaming experience to its customers across various markets.
YTD Price Performance: 8.54%
Average Trading Volume: 135,647
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £40.35B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.
