Flutter Cancels 76,152 Shares in Ongoing $5 Billion Buyback
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An announcement from Flutter Entertainment PLC ( (FLUT) ) is now available.
Flutter Entertainment has repurchased and redeemed 76,152 of its ordinary shares in the U.S. market on April 16, 2026 via Goldman Sachs & Co. LLC, at a volume-weighted average price of $108.7369 per share. These shares will be cancelled, reducing the company’s share count to 173,966,053 ordinary shares in issue.
The latest transaction forms part of Flutter’s ongoing $250 million buyback over a 10-week period from March 12, 2026, itself a tranche of a broader plan to repurchase up to $5 billion of shares announced in 2024. The move underscores management’s continued focus on capital returns and balance-sheet efficiency, with potential implications for earnings per share and shareholder value.
More about Flutter Entertainment PLC
Flutter Entertainment plc is a global betting and gaming group operating online and retail brands focused on sports betting, iGaming and related entertainment. The company is listed in the U.K. and has a significant presence in the U.S. through its online platforms, targeting regulated markets and large-scale, technology-driven wagering operations.
For an in-depth examination of FLUT stock, go to TipRanks’ Overview page.
