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Flutter Entertainment PLC ( (FLUT) ) has shared an update.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a number of its ordinary shares as part of its ongoing share buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize capital structure. The transactions were executed through Goldman Sachs & Co. LLC, and after these settlements, Flutter will have a total of 176,631,494 ordinary shares in issue.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming services. The company focuses on providing online and retail betting services, including sports betting, casino games, and poker, catering to a global market.
See more insights into FLUT stock on TipRanks’ Stock Analysis page.