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Flutter Entertainment Bolsters Market Position Through Share Buyback
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Flutter Entertainment Bolsters Market Position Through Share Buyback

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The latest update is out from Flutter Entertainment PLC ( (FLUT) ).

Flutter Entertainment PLC announced its acquisition and subsequent cancellation of its ordinary shares in the United States, as part of its ongoing share buyback program. The company aims to repurchase shares up to $350 million by March 2025, reinforcing its commitment to return value to shareholders and enhance its market positioning.

More about Flutter Entertainment PLC

Flutter Entertainment PLC is a global sports betting and gaming company. It operates a diverse portfolio of brands that offer online gambling, sports betting, and gaming services, focusing on expanding its market presence across multiple regions.

YTD Price Performance: 48.64%

Average Trading Volume: 162,900

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £36.56B

See more insights into FLUT stock on TipRanks’ Stock Analysis page.

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