Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC has announced the acquisition and subsequent cancellation of a portion of its own shares as part of a broader share buyback program. This move is part of a strategic initiative to repurchase up to $5 billion worth of shares, reflecting the company’s efforts 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. It provides a wide array of online gambling products and operates across various international markets.
YTD Price Performance: 11.63%
Average Trading Volume: 136,525
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £41.51B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.