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Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent 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 of shares, aiming to enhance shareholder value and optimize its 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 is known for its online and retail betting services, and it focuses on expanding its market presence globally.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.