Flutter Entertainment PLC ( (FLUT) ) has shared an update.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares as part of a share buyback program. This move is part of a larger strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize the company’s capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company. It offers a diverse range of products including online sports betting, gaming, and entertainment services, primarily targeting markets in the United States and Europe.
YTD Price Performance: -9.00%
Average Trading Volume: 118,524
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £34.12B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.