Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a significant share buyback program. This move, facilitated by Goldman Sachs & Co. LLC, is part of a broader strategy to repurchase up to $5 billion in shares, reflecting the company’s commitment to enhancing shareholder value and strengthening its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company offers a range of products and services including online betting, gaming, and sports entertainment, with a focus on expanding its market presence in the United States and other key regions.
YTD Price Performance: -15.03%
Average Trading Volume: 242,786
Technical Sentiment Signal: Sell
Current Market Cap: £30.24B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.