An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number of its own ordinary shares in the United States, as part of a larger share buyback program. This move is part of Flutter’s strategy to repurchase up to $5 billion worth of shares, aiming to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company, offering a diverse range of products including online sports betting, gaming, and entertainment services. The company operates in multiple markets, focusing on providing innovative and engaging experiences for its customers.
YTD Price Performance: -16.60%
Average Trading Volume: 253,333
Technical Sentiment Signal: Sell
Current Market Cap: £29.37B
See more data about FLUT stock on TipRanks’ Stock Analysis page.