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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced that it has repurchased a number of its ordinary shares in the US, which will be canceled as part of its extensive share buyback program. This transaction is part of a larger strategy to buy back up to $5 billion worth of shares, indicating a strong confidence in the company’s financial health and its commitment to enhancing shareholder value.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company that offers a variety of services including online and retail betting, gaming, and entertainment products. The company operates through various brands and platforms, catering to a diverse international market with a focus on delivering engaging and responsible gaming experiences.
YTD Price Performance: 51.51%
Average Trading Volume: 178,232
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £37.46B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.
