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The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment PLC announced the acquisition and cancellation of its ordinary shares in the United States as part of a share buyback program. This move is part of Flutter’s broader strategy to repurchase up to $5 billion in shares, aiming to enhance shareholder value and optimize its capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC operates in the gambling and entertainment industry, offering a range of betting and gaming services. The company focuses on both online and retail markets, providing products such as sports betting, casino games, and poker through various brands.
For a thorough assessment of FLUT stock, go to TipRanks’ Stock Analysis page.