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Flutter Entertainment PLC ( (FLUT) ) has shared an announcement.
Flutter Entertainment PLC has announced a significant share buyback initiative, acquiring several of its ordinary shares worth up to $350 million, as part of a larger $5 billion buyback program. This move is expected to optimize the company’s capital structure, potentially increasing shareholder value and signaling confidence in the firm’s financial health.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company known for its diverse portfolio of products, including online gaming and betting services. The company operates in various markets, leveraging technology to enhance user experiences and maintain a competitive edge in the gambling industry.
YTD Price Performance: 3.33%
Average Trading Volume: 166,937
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £37.75B
For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.
