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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC has announced a significant transaction involving the acquisition and cancellation of its own ordinary shares, as part of a larger share buyback program. This move is part of Flutter’s strategy to buy back up to $5 billion in shares, which is expected 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 services. The company is known for its focus on online and retail betting markets, providing products such as sports betting, casino games, and poker across various platforms.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.