Flutter Entertainment Share Buyback Boosts Trading Volume to 86th Rank
On March 27, 2025, Flutter EntertainmentFLUT-- (FLUT) saw a trading volume of 8.30 billion, ranking 86th in the day's stock market activity. The stock price increased by 0.44%.
Flutter Entertainment PLC has announced the acquisition and cancellation of a substantial number of its ordinary shares as part of its share buyback program. This initiative is aimed at enhancing shareholder value by reducing the number of outstanding shares in the market.
As part of its ongoing share buyback program, FlutterFLUT-- Entertainment has redeemed a significant number of its ordinary shares. This move is in line with the company's plan to repurchase up to $350 million worth of shares by March 31, 2025, following the announcement of its share buyback program.
Needham has raised its price target for Flutter Entertainment (FLUT) to $310 from $300, maintaining a Buy rating on the shares. This adjustment reflects the firm's positive outlook on the company's future performance and growth prospects.
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