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The latest announcement is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a share buyback program. This move, executed through Goldman Sachs & Co. LLC, is part of a broader strategy to repurchase up to $5 billion of shares, which could impact the company’s market valuation and shareholder value.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company that offers a wide range of products and services, including sports betting, online gaming, and entertainment platforms. It operates several well-known brands across different markets, focusing on delivering engaging and responsible gambling experiences.
YTD Price Performance: 11.78%
Average Trading Volume: 136,637
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £41.41B
See more insights into FLUT stock on TipRanks’ Stock Analysis page.
