An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the redemption and cancellation of a significant number of its ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to $350 million in shares by March 31, 2025. This move is part of a larger strategy to buy back $5 billion in shares, reflecting the company’s commitment to returning value to shareholders and potentially enhancing its stock market performance.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the global sports betting and gaming industry, offering a wide range of products and services including online and retail sports betting, gaming, and entertainment. The company focuses on leveraging technology to enhance customer experience and expand its market presence.
YTD Price Performance: 4.10%
Average Trading Volume: 132,341
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.28B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.