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Flutter Entertainment PLC ( (FLUT) ) has provided an update.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of its ongoing share buyback program, aiming to repurchase up to $225 million worth of shares by September 30, 2025. This move is part of a broader strategy to buy back $5 billion of shares, potentially enhancing shareholder value and strengthening the company’s financial position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming products and services. The company is known for its focus on online and retail sports betting, casino, poker, and other gaming activities, serving a global market with a significant presence in the United States and Europe.
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.