Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares as part of a share buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company operates a range of brands and platforms, focusing on delivering innovative and engaging experiences to its customers in various markets.
YTD Price Performance: -7.53%
Average Trading Volume: 231,962
Technical Sentiment Signal: Sell
Current Market Cap: £33.83B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.
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