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Flutter Entertainment Advances Share Buyback Strategy

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Flutter Entertainment Advances Share Buyback Strategy

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Flutter Entertainment PLC ( (FLUT) ) has issued an update.

Flutter Entertainment PLC announced the acquisition and cancellation of a number of its ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to $300 million worth of shares by June 30, 2025. This move is part of a larger strategy to buy back $5 billion of shares, enhancing shareholder value and optimizing 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 products. The company focuses on both online and retail betting services, catering to a global market with a significant presence in the United States and Europe.

Learn more about FLUT stock on TipRanks’ Stock Analysis page.

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