Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC has announced the acquisition and cancellation of its own ordinary shares as part of a share buyback program. This initiative is part of a broader plan to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize the company’s capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company operates various well-known brands and platforms, offering a wide range of online and retail betting services, with a significant market presence in the United States and other regions.
YTD Price Performance: -15.40%
Average Trading Volume: 253,221
Technical Sentiment Signal: Sell
Current Market Cap: £32.15B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.