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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC has announced the acquisition and subsequent cancellation of its ordinary shares as part of a significant share buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize its capital structure. The transactions were executed through Davy Securities and align with the company’s previously announced intentions to buy back shares worth $225 million by September 30, 2025.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company, offering a diverse range of products and services including online gaming, sports betting, and entertainment platforms. The company operates in various markets worldwide, focusing on delivering innovative and engaging experiences to its customers.
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.