Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment PLC has announced the acquisition and cancellation of its own shares as part of a $350 million buyback program. The company, through its broker Goldman Sachs, has acquired shares across multiple trading venues including NYSE and BATS at an average price of $276.63 per share. This move is part of Flutter’s broader strategy to repurchase $5 billion worth of its shares, showcasing strong financial management and commitment to enhancing shareholder value.
For further insights into FLUT stock, check out TipRanks’ Stock Analysis page.
