Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment PLC has initiated a significant share buyback program, redeeming a total of 14,196 of its ordinary shares across multiple U.S. trading venues, with prices ranging from $261.52 to $266.05 per share. This move is part of Flutter’s larger plan to repurchase up to $5 billion worth of shares by March 2025, reflecting the company’s strategy to enhance shareholder value. The buyback was executed by Goldman Sachs & Co. LLC, reducing Flutter’s total ordinary shares to 178,113,292.
For further insights into FLUT stock, check out TipRanks’ Stock Analysis page.
