An update from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a larger share buyback program, aiming to repurchase up to $300 million worth of shares by June 30, 2025. This move is part of a broader strategy to buy back $5 billion of shares, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company, offering a wide range of products and services including online gaming, sports betting, and entertainment. The company operates in various international markets and is known for its focus on digital platforms and customer engagement.
YTD Price Performance: -19.16%
Average Trading Volume: 251,019
Technical Sentiment Signal: Hold
Current Market Cap: £32.61B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.