Flutter Continues U.S. Share Buybacks Under $5 Billion Capital Return Plan
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The latest announcement is out from Flutter Entertainment PLC ( (FLUT) ).
Flutter Entertainment has repurchased 1,798 of its ordinary shares in the U.S. market on April 13, 2026, via Goldman Sachs, at a volume-weighted average price of about $100.70 per share, and will cancel these shares. The buyback forms part of a $250 million repurchase over 10 weeks from March 12, 2026, within a broader plan to buy back up to $5 billion of shares, reducing the share count to 174,170,958 and signalling continued capital returns to shareholders.
The latest tranche of redemptions underscores Flutter’s ongoing effort to optimise its capital structure and potentially enhance earnings per share over time. By steadily shrinking its equity base under the multi-year $5 billion programme, the company reinforces management’s confidence in its financial position and long-term prospects, while complying with U.K. market abuse and listing regulations governing such transactions.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global sports betting and online gaming group that operates a portfolio of well-known betting and gaming brands. The company generates most of its revenue from online wagering and gaming services, with a significant presence in key regulated markets including the U.S., U.K. and Ireland.
Learn more about FLUT stock on TipRanks’ Stock Analysis page.
