The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC has announced the acquisition and cancellation of a number of its ordinary shares as part of its share buyback program. This move is part of a larger strategy to buy back up to $5 billion in shares, aiming to enhance shareholder value and optimize the company’s capital structure.
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 focuses on providing online and retail sports betting, gaming, and entertainment services across various markets.
YTD Price Performance: -16.72%
Average Trading Volume: 266,076
Technical Sentiment Signal: Sell
Current Market Cap: £29.27B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.