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Flutter Entertainment PLC ( (FLUT) ) has provided an update.
Flutter Entertainment PLC announced the acquisition and subsequent cancellation of its ordinary shares as part of a share buyback program. This initiative, which aims to repurchase up to $300 million in shares by June 30, 2025, is part of a larger $5 billion buyback plan announced in 2024. The move is expected to enhance shareholder value and strengthen the company’s financial position.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company. It operates in the gambling industry, offering a range of online and retail betting services, including sports betting, casino games, and poker. The company focuses on expanding its market presence and enhancing shareholder value through strategic initiatives.
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.