Flutter Entertainment PLC ( (FLUT) ) just unveiled an update.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares in the United States as part of a buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion of shares, aiming to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming products primarily focused on online and retail sports betting, gaming, and entertainment services. The company has a significant market presence in the UK, Ireland, Australia, and the United States, among other regions.
YTD Price Performance: 6.52%
Average Trading Volume: 165,782
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.8B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.