The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number of its ordinary shares as part of its ongoing share buyback program. This move is part of Flutter’s strategy to repurchase up to $5 billion in shares, which aims to enhance shareholder value and strengthen its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of products and services including sports betting, gaming, and online gambling. The company is known for its focus on expanding its market presence and enhancing shareholder value through strategic initiatives.
YTD Price Performance: -12.67%
Average Trading Volume: 122,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £31.62B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.