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Flutter Entertainment PLC ( (FLUT) ) has issued an announcement.
Flutter Entertainment PLC has announced the acquisition and cancellation of a number of its own ordinary shares in the United States as part of its ongoing share buyback program. This move is part of a larger initiative to buy back up to $5 billion in shares, with $350 million targeted by March 31, 2025, aimed at optimizing the capital structure and providing value to its shareholders.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, providing sports betting and gaming services. The company focuses on delivering a diverse range of products to a global market, with a significant presence in the United States.
YTD Price Performance: 5.26%
Average Trading Volume: 155,944
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.59B
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.
