Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
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 broader strategy to buy back up to $5 billion of shares, aiming to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company. It offers a wide range of online betting and gaming products, including sports betting, casino games, poker, and bingo. The company operates in various markets, focusing on providing entertainment and responsible gaming experiences to its customers.
YTD Price Performance: -10.88%
Average Trading Volume: 235,632
Technical Sentiment Signal: Sell
Current Market Cap: £33.13B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.