An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the acquisition and cancellation of its own shares as part of a larger buyback program aimed at repurchasing up to $5 billion worth of shares. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure, reflecting Flutter’s commitment to returning capital to its investors.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider, known for its diverse portfolio of brands including Betfair, Paddy Power, and FanDuel. The company operates in various international markets, focusing on delivering innovative and engaging experiences for its customers.
YTD Price Performance: -0.82%
Average Trading Volume: 119,729
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.95B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.
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