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Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment PLC announced the acquisition and cancellation of its own ordinary shares as part of an ongoing share buyback program. This initiative is part of a broader strategy to repurchase up to $5 billion in shares, enhancing shareholder value and optimizing the company’s capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the global gambling and entertainment industry, offering a range of betting and gaming services. The company is known for its diverse portfolio of brands including Paddy Power, Betfair, and FanDuel, with a significant market presence in Europe, Australia, and the United States.
YTD Price Performance: 5.26%
Average Trading Volume: 155,944
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.59B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.
