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Flutter Entertainment PLC ( (FLUT) ) just unveiled an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a portion of its ordinary shares as part of its ongoing share buyback program. This move is part of a previously announced intention to repurchase up to $350 million in shares by March 2025, and is part of a larger $5 billion buyback plan, enhancing shareholder value and potentially strengthening 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. The company focuses on both online and retail platforms, providing services across various markets globally.
YTD Price Performance: 57.68%
Average Trading Volume: 200,288
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £39.13B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.
