Flutter Cancels Newly Repurchased Shares Under $5 Billion Buyback Plan
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The latest update is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment said it has repurchased 22,686 of its ordinary shares in the U.S. market on April 10, 2026, via broker Goldman Sachs & Co. LLC, at a volume‑weighted average price of $102.3180 per share. The redeemed shares will be cancelled, reducing the company’s issued share capital to 174,172,151 ordinary shares.
The transaction forms part of Flutter’s previously announced $250 million 10‑week buyback that commenced on March 12, 2026, and contributes to its wider plan to repurchase up to $5 billion of shares. The ongoing buyback underscores management’s capital‑return strategy and may enhance earnings per share and support the company’s valuation, while complying with U.K. market abuse and listing regulations.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global online sports betting and gaming group, operating prominent brands across regulated markets. The company offers sportsbook, casino, poker and other interactive gaming products, with a strategic focus on scale, technology and responsible gambling in key jurisdictions including the U.S. and Europe.
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.
