Flutter Entertainment PLC ( (FLUT) ) has shared an update.
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 a larger strategy to repurchase up to $5 billion worth of shares, reflecting the company’s commitment to returning value to shareholders and potentially enhancing its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming products. The company is known for its online and retail betting services, focusing on markets in the United States, United Kingdom, and other international regions.
YTD Price Performance: -22.01%
Average Trading Volume: 246,799
Technical Sentiment Signal: Buy
Current Market Cap: £28.58B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.