Flutter's 1.43% Rally on $5B Buyback Amid $460M Volume Slide to 231st

On August 4, 2025, Flutter (FLUT) closed with a 1.43% gain, though its trading volume dropped by 22.55% to $0.46 billion, ranking it 231st in the market. The stock’s performance coincided with its ongoing share buyback program, which saw the company acquire and cancel 28,889 ordinary shares across multiple exchanges. This activity aligns with Flutter’s $225 million buyback commitment announced in May and its broader $5 billion share repurchase initiative launched in September 2024.

The repurchased shares, executed through broker Davy Securities, were spread across platforms like NYSE, INET, and BATS, with average prices ranging from $295.53 to $300.17. Post-transaction, Flutter’s issued share count reduced to 176,047,208. Such buybacks aim to optimize capital structure and enhance shareholder value, potentially influencing market perception and stock price dynamics. The move underscores confidence in the company’s financial position amid its aggressive iGaming expansion, particularly in the U.S. market.

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