Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Flutter Entertainment PLC ( (FLUT) ) has shared an update.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number of its own shares, as part of a broader share buyback initiative aimed at repurchasing up to $350 million in shares by March 31, 2025. This move is part of a larger $5 billion share buyback program, enhancing shareholder value and optimizing the company’s capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global leader in the sports betting and gaming industry. The company offers a range of products and services including online gambling, sports betting, and gaming through various brands, with a strong market presence in the United States and other international markets.
YTD Price Performance: 6.52%
Average Trading Volume: 165,782
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.8B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.
