Flutter Entertainment (NYSE: FLUT) is off to a solid start with its previously announced $5 billion share repurchase program as the sportsbook operator bought back approximately 9,600 of its shares on the final trading day of 2024. The Flutter logo as seen in an investor deck. The company has started buying back stock under a previously under repurchase plan. (Image: Flutter Entertainment) That was followed by the purchase of more than 13,000 shares on Jan. 2 — the first trading day of 2025. Goldman Sachs executed the buybacks on the open market on behalf of the Dublin-based gaming company. Flutter previously said it planned to commence buying its own stock in November. The redemptions form part of Flutter’s intention to buy back Ordinary Shares of up to $350 million in the period to March 31, 2025 following the announcement of the share buyback program on November 13, 2024 (the “Buyback”) and form part of Flutter’s intention to buy back $5… Read More
Category: Financial
Source: Casino.org
