The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and cancellation of a significant number of its own ordinary shares as part of a larger share buyback program. This move is part of Flutter’s strategy to repurchase up to $5 billion in 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 services. The company focuses on both online and retail markets, catering to a global audience with a diverse portfolio of brands.
YTD Price Performance: 5.26%
Average Trading Volume: 131,084
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.28B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.