Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares as part of a share buyback program. This move is part of their strategy to repurchase up to $245 million worth of shares by the end of 2025, aligning with a broader intention to buy back $5 billion of shares. The transactions were executed through Davy Securities and are expected to impact the company’s share capital structure, potentially enhancing shareholder value.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming products. The company is known for its online and retail betting services, focusing primarily on markets in the United States and the United Kingdom.
See more data about FLUT stock on TipRanks’ Stock Analysis page.