Part of $5 billion buyback program announced last year Announcement arrives a day after FanDuel parent delivered quarterly results Flutter Entertainment (NYSE: FLUT) said Wednesday it plans to repurchase as much as $300 million worth of its shares in the second quarter under the $5 billion buyback plan it announced last September. The Flutter logo at a corporate office. The company could buy back up to $300 million worth of its stock in the second quarter. (Image: The Independent) The announcement comes a day after the FanDuel parent released fourth-quarter results — an announcement featuring strong 2025 revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) backed in large part by momentum in its US operations. The Buyback will commence on April 1, 2025 on the New York Stock Exchange, and will end no later than June 30, 2025. The purpose of the Buyback is to reduce the share capital of Flutter,” according to a statement. “This Buyback is… Read More
Category: Financial, iGaming, Sports Betting, sports betting
Source: Casino.org
