Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment PLC has embarked on a significant share buyback program, purchasing its own shares worth up to $350 million by March 2025 as part of a broader $5 billion buyback initiative. The recent acquisition of shares was executed through Goldman Sachs & Co. LLC, aimed at reducing the total number of shares in circulation to enhance shareholder value. This move is likely to attract attention from investors looking at the gaming industry’s financial maneuvers.
For further insights into FLUT stock, check out TipRanks’ Stock Analysis page.
