Flutter Entertainment (FLUT) announces that it has entered into non-discretionary arrangements with Goldman Sachs & Co. to repurchase ordinary shares on Flutter’s behalf for an aggregate maximum consideration of up to $300M on the New York Stock Exchange. The Buyback will commence on April 1 on the NYSE, and will end no later than June 30. The purpose of the Buyback is to reduce the share capital of Flutter. This Buyback is the second tranche of the multi-year share repurchase program of up to $5B announced on September 25, 2024. In 2025, we expect to return approximately $1B to shareholders via the program. Goldman Sachs & Co. will conduct the Buyback on Flutter’s behalf and will make trading decisions under the Buyback independently of Flutter in accordance with certain pre-set parameters.
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