Flutter Entertainment PLC ( (FLUT) ) has issued an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number 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, reflecting the company’s commitment to returning value to shareholders and potentially strengthening its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gaming and betting industry, offering a range of products and services including sports betting, online gaming, and entertainment platforms. The company focuses on providing innovative and engaging experiences for its customers across various markets globally.
YTD Price Performance: -11.41%
Average Trading Volume: 233,082
Technical Sentiment Signal: Sell
Current Market Cap: £32.48B
See more insights into FLUT stock on TipRanks’ Stock Analysis page.