Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Flutter Entertainment PLC ( (FLUT) ) has shared an update.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares in the United States as part of a share buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, with the current phase targeting up to $225 million by the end of September 2025. The buyback is expected to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company operates a diverse portfolio of brands and platforms, catering to a wide range of markets and customer preferences.
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.