Flutter Entertainment PLC (FLUT) has released an update.
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Flutter Entertainment has announced a share repurchase program worth up to $350 million, set to start on November 14, 2024, on the New York Stock Exchange. This initiative is the first part of a larger $5 billion buyback plan aimed at reducing the company’s share capital. The buyback will be managed by Goldman Sachs & Co LLC and is expected to conclude by March 31, 2025.
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