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Flutter Entertainment Advances Share Buyback Program with Latest Acquisition

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Flutter Entertainment Advances Share Buyback Program with Latest Acquisition

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An update from Flutter Entertainment PLC ( (FLUT) ) is now available.

Flutter Entertainment PLC announced the acquisition and cancellation of a significant number of its ordinary shares as part of a larger share buyback program. This move, facilitated by Goldman Sachs & Co. LLC, is part of the company’s strategy to repurchase up to $5 billion worth of shares, strengthening its market position and potentially increasing shareholder value.

More about Flutter Entertainment PLC

Flutter Entertainment PLC is a global leader in the sports betting and gaming industry, providing a wide range of products and services across various markets. The company is known for its focus on online betting and gaming platforms, catering to a diverse global clientele.

YTD Price Performance: 6.27%

Average Trading Volume: 139,805

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £39.88B

Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.

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