Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number of its ordinary shares in the United States as part of its ongoing share buyback program. This move is part of a broader strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, providing a range of online and retail betting products and services. The company focuses on expanding its market presence through strategic acquisitions and share buyback programs.
YTD Price Performance: -13.90%
Average Trading Volume: 120,738
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £31.3B
See more data about FLUT stock on TipRanks’ Stock Analysis page.