Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment PLC announced it has repurchased a significant number of its own shares, as part of its ongoing $5 billion buyback program initiated earlier this year. The shares were acquired through Goldman Sachs & Co. LLC and will be cancelled, reducing the total number of shares in circulation to approximately 178 million. This move is in line with Flutter’s strategy to enhance shareholder value by reducing share supply in the market.
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