Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment PLC announced the acquisition and cancellation of 100 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 in shares, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of online betting and gaming services. The company is known for its focus on digital platforms and operates in various markets globally, aiming to enhance its market presence through strategic acquisitions and share buyback programs.
YTD Price Performance: -16.02%
Average Trading Volume: 261,337
Technical Sentiment Signal: Sell
Current Market Cap: £31.25B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.