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Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a buyback program in the U.S., aiming to repurchase shares worth up to $350 million by March 31, 2025. This move aligns with the company’s broader strategy to buy back $5 billion in shares, reflecting a significant commitment to returning value to shareholders and potentially enhancing its stock market positioning.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming products primarily through online platforms. The company focuses on expanding its market presence in various regions, leveraging its brands to attract a diverse customer base.
YTD Price Performance: 57.03%
Average Trading Volume: 203,446
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.7B
See more data about FLUT stock on TipRanks’ Stock Analysis page.