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The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC has recently announced the redemption and cancellation of its ordinary shares as part of an ongoing share buyback program. This transaction, conducted through Goldman Sachs & Co. LLC, is part of a larger intention to buy back $5 billion worth of shares, reflecting the company’s strategy to optimize its capital structure and return value to shareholders.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the global sports betting and gaming industry, offering a wide range of products and services including online sports betting, online gaming, and gaming technology solutions.
YTD Price Performance: 5.31%
Average Trading Volume: 141,477
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £39.68B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.