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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment has executed a share buyback program, acquiring a significant number of its own shares through its broker, Goldman Sachs & Co. LLC, with plans to cancel these shares. This move is part of a larger strategy to buy back up to $5 billion in shares, potentially impacting the company’s stock value and market positioning positively by returning capital to shareholders and enhancing earnings per share.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. It operates various brands offering online and retail betting, gaming, and poker services, catering to a wide array of markets worldwide.
YTD Price Performance: 14.04%
Average Trading Volume: 138,236
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £42.15B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.
