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Flutter Entertainment PLC ( (FLUT) ) has shared an announcement.
Flutter Entertainment PLC announced the acquisition and cancellation of a number of its own ordinary shares as part of a substantial share buyback program. This initiative, executed through Goldman Sachs, is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, aimed at optimizing capital structure and delivering shareholder returns.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gaming and betting industry, providing a wide range of products and services including sports betting, online casino, poker, and gaming platforms. The company is a significant player in the market, focusing on expanding its reach and enhancing shareholder value.
YTD Price Performance: 54.16%
Average Trading Volume: 194,061
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £38.27B
Learn more about FLUT stock on TipRanks’ Stock Analysis page.
