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Flutter Entertainment PLC ( (FLUT) ) has issued an announcement.
Flutter Entertainment PLC announced its recent acquisition and cancellation of ordinary shares as part of a $350 million share buyback program, which is a segment of a larger $5 billion buyback initiative. This strategic move is expected to enhance shareholder value and reflects the company’s commitment to returning capital to investors, potentially strengthening its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company. It offers a range of products across online and retail channels, with a focus on highly regulated markets.
YTD Price Performance: 3.23%
Average Trading Volume: 162,804
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.24B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.
