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Flutter Entertainment Advances Share Buyback with US Share Redemptions

Story Highlights

Flutter Entertainment PLC ( (FLUT) ) has shared an update.

Flutter Entertainment PLC announced the redemption and cancellation of its ordinary shares in the US as part of a share buyback program. This move aligns with Flutter’s broader plan to repurchase $5 billion worth of shares, which is expected to impact its market position by potentially increasing shareholder value.

More about Flutter Entertainment PLC

YTD Price Performance: 3.33%

Average Trading Volume: 157,248

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £38.01B

For an in-depth examination of FLUT stock, go to TipRanks’ Stock Analysis page.

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