An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the redemption and cancellation of a significant number of its ordinary shares as part of its ongoing 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 is a global sports betting and gaming company, offering a range of online and retail betting products and services. The company operates in various markets, focusing on providing innovative and responsible gambling experiences to its customers.
YTD Price Performance: -14.12%
Average Trading Volume: 237,429
Technical Sentiment Signal: Sell
Current Market Cap: £31.29B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.