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The latest announcement is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC has executed a repurchase of its ordinary shares as part of a previously announced buyback program. This move, facilitated by Goldman Sachs & Co. LLC, aims to repurchase up to $350 million worth of shares by March 31, 2025, and is part of a larger $5 billion buyback strategy announced in September 2024. The repurchase reflects Flutter’s strategy to optimize its capital structure and return value to shareholders, potentially impacting its market position and investor relations.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates within the gambling industry, offering a variety of betting and gaming products. The company focuses on expanding its reach in the global betting market, leveraging technology to enhance its offerings and customer experience.
YTD Price Performance: 2.99%
Average Trading Volume: 144,090
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.41B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.
