The latest announcement is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC has announced the acquisition and subsequent cancellation of a significant number of its own ordinary shares, as part of its ongoing share buyback program. This move is intended to buy back up to $350 million in shares by March 2025, following a previously announced $5 billion buyback plan, potentially enhancing shareholder value and strengthening its market position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, providing a range of betting and gaming services globally. The company is known for its significant market presence through various well-known brands, focusing on both online and retail betting markets.
YTD Price Performance: 50.0%
Average Trading Volume: 176,228
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £37.07B
Find detailed analytics on FLUT stock on TipRanks’ Stock Analysis page.