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Flutter Entertainment plc (NYSE:FLUT), a leading provider of sports betting and gaming services with a market capitalization of $47.92 billion and impressive revenue growth of 19.86% over the last twelve months, has disclosed details of its share repurchase program today. According to InvestingPro analysis, the stock is currently trading near its Fair Value. The announcement, made in compliance with the UK Financial Conduct Authority’s rules, revealed that the company is moving ahead with a plan to buy back its shares.
The share repurchase initiative was made public through the Regulatory News Service in London, a requirement to meet the UK’s Disclosure Guidance and Transparency Rules. This strategic move follows the filing of Flutter Entertainment’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission and its submission to the UK National Storage Mechanism. The company generated $13.57 billion in revenue over the last twelve months, demonstrating its significant market presence.
The repurchase program announcement indicates Flutter Entertainment’s confidence in its financial stability and future prospects. InvestingPro data reveals that while the company operates with a moderate level of debt, analysts expect net income growth this year. Share repurchase programs are often used by companies to return value to shareholders, as they can potentially increase earnings per share and the value of remaining shares by reducing the total number in circulation. For deeper insights into Flutter’s financial health and growth prospects, investors can access comprehensive analysis through InvestingPro’s detailed research reports.
It is important to note that while the repurchase program demonstrates the company’s current position and outlook, it is based on the company’s performance up to the end of the last fiscal year. Investors and market watchers typically view such programs as a positive sign of a company’s health and its management’s belief in the intrinsic value of its stock.
The company’s latest financial documents and details about the share repurchase program are available as exhibits to the Form 8-K filed with the SEC. With analyst price targets ranging from $257 to $367, Flutter Entertainment’s business operations span across a portfolio of well-known brands in the gaming and betting industry, and it continues to be a significant player in the global market.
This news article is based on a press release statement and provides a factual summary of Flutter Entertainment plc’s recent announcement regarding its share repurchase program without any speculative or promotional content.
In other recent news, Flutter Entertainment has reported better-than-expected fourth-quarter earnings, posting adjusted earnings per share of $2.94 compared to analyst estimates of $1.73. The company generated $3.79 billion in revenue for the quarter, slightly below the consensus of $3.82 billion. For the full year 2025, Flutter anticipates revenue between $15.48 billion and $16.38 billion, exceeding analyst projections of $13.52 billion. Recent strategic acquisitions in Brazil and Italy, valued at approximately $3 billion, are expected to bolster Flutter’s international segment throughout the year. Analyst firms such as Citizens JMP, BTIG, and UBS have maintained positive ratings on Flutter, with price targets ranging from $323 to $335. These analysts have highlighted Flutter’s strong U.S. operations, particularly the FanDuel segment, as a key driver for future growth. Additionally, UBS has noted Flutter’s potential to exceed its fiscal year 2027 EBITDA target of $2.4 billion for existing U.S. states. Despite challenges in the Australian market, Flutter’s iGaming and sports betting sectors continue to expand, with plans for new launches in Missouri and potentially Alberta.
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