Flutter Entertainment Advances Share Buyback Program
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Flutter Entertainment PLC ( (FLUT)) just unveiled 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 $225 million worth of shares by September 30, 2025, is part of a larger $5 billion buyback plan announced in 2024. The buyback is expected to enhance shareholder value and optimize the company's capital structure.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a global sports betting and gaming company. It offers a wide range of products and services, including online sports betting, gaming, and entertainment solutions. The company operates in various international markets, focusing on delivering innovative and engaging experiences to its customers.
For an in-depth examination of FLUT stock, go to TipRanks' Overview page.
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