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Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of a portion of its ordinary shares as a part of its ongoing share buyback program. This move is part of Flutter’s larger strategy to repurchase up to $5 billion in shares, a plan that reflects the company’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the online gambling and entertainment industry, providing sports betting, gaming, and other related services. The company has a significant market presence and aims to expand its reach through strategic initiatives.
YTD Price Performance: 0.77%
Average Trading Volume: 162,128
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.98B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.
