An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the acquisition and cancellation of a significant number of its ordinary shares as part of its ongoing share buyback program. This move is part of a broader strategy to repurchase up to $5 billion in shares, aimed at enhancing shareholder value and optimizing capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, providing a range of online betting and gaming services. The company focuses on expanding its market presence through strategic acquisitions and share buyback programs.
YTD Price Performance: -20.17%
Average Trading Volume: 243,567
Technical Sentiment Signal: Buy
Current Market Cap: £29.45B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.