Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC has announced the acquisition and cancellation of its ordinary shares as part of a share buyback program. This move is part of the company’s broader strategy to repurchase up to $5 billion in shares, which is expected to impact the company’s stock value and market positioning positively.
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 globally.
YTD Price Performance: -16.72%
Average Trading Volume: 266,076
Technical Sentiment Signal: Sell
Current Market Cap: £29.27B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.