The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a share buyback program. This move is part of a larger intention to repurchase up to $5 billion in shares, reflecting the company’s strategic focus on enhancing shareholder value and optimizing its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company operates in various markets, offering a range of products and services including online and retail betting, gaming, and entertainment solutions.
YTD Price Performance: -16.02%
Average Trading Volume: 261,337
Technical Sentiment Signal: Sell
Current Market Cap: £31.25B
See more data about FLUT stock on TipRanks’ Stock Analysis page.