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The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a significant number of its ordinary shares as part of an extensive share buyback program, aiming to repurchase up to $350 million worth of shares by March 31, 2025. This move is part of a larger $5 billion buyback initiative, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company, offering a diverse range of products including online sports betting, gaming, and entertainment services. It operates across various markets, focusing on maximizing customer engagement and delivering innovative entertainment solutions.
YTD Price Performance: 48.57%
Average Trading Volume: 164,935
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.85B
See more data about FLUT stock on TipRanks’ Stock Analysis page.
