Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment PLC has announced the acquisition and subsequent cancellation of its ordinary shares, as part of a share buyback program. The company aims to repurchase up to $350 million worth of shares by March 2025, following a larger $5 billion buyback initiative. These strategic moves are managed by their broker, Goldman Sachs & Co. LLC, and reflect Flutter’s commitment to enhancing shareholder value.
For further insights into FLUT stock, check out TipRanks’ Stock Analysis page.
