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Today, Flutter Entertainment plc (NYSE:FLUT) disclosed an update on its total voting rights through a Regulatory News Service (RNS) announcement in London. This announcement, released to comply with the United Kingdom (TADAWUL:4280) Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, is detailed in an 8-K filing with the U.S. Securities and Exchange Commission.
The company’s ordinary shares, with a nominal value of €0.09 each, are listed on the New York Stock Exchange under the ticker symbol FLUT. The update pertains to the total voting rights attached to these shares, a standard procedure to ensure transparency and regulatory compliance. Investors tracking FLUT should note its next earnings report is scheduled for August 7, 2025. For deeper insights into Flutter’s financial health and growth prospects, InvestingPro subscribers have access to over 30 exclusive financial metrics and analysis tools.
Flutter Entertainment, incorporated in Ireland, has its principal executive offices located at One Madison Avenue, New York, NY. The company, previously known as Stars Group Inc. and Amaya Inc., made this disclosure to keep investors informed about its governance structure.
The 8-K filing, signed by Fiona Gildea, Deputy Company Secretary and Head of Governance, serves as a formal communication to the market, emphasizing the company’s commitment to regulatory obligations. This information is vital for shareholders and potential investors to understand their voting power and the company’s decision-making framework.
This report is based on a press release statement included in the SEC filing.
In other recent news, Flutter Entertainment has reported several notable developments. The company completed its acquisition of a stake in NSX Group, as disclosed through the Regulatory News Service in London, fulfilling compliance with the United Kingdom Financial Conduct Authority’s rules. Flutter Entertainment also announced an interim review for its ordinary shares, with the information filed in a Form 8-K with the Securities and Exchange Commission. Benchmark analysts maintained their Buy rating and $300 price target for Flutter Entertainment, despite the company’s first-quarter results falling short of market expectations. Stifel analysts also reiterated a Buy rating with a $315 price target, even though the first-quarter adjusted EBITDA was 8% below expectations due to adverse sports results and international seasonality issues.
In response to the new Illinois tax on online sports betting, Citi analysts reaffirmed their Buy rating for Flutter Entertainment, noting potential impacts on U.S. adjusted EBITDA. The management team at Flutter has revised its FY25 guidance upwards, considering contributions from acquisitions and favorable foreign exchange movements. Despite facing challenges, Flutter’s strategy continues to focus on product-led growth and cost efficiency, with an emphasis on customer retention and structural margin trends in the U.S. market. These recent developments reflect Flutter Entertainment’s ongoing efforts to adapt to market conditions and maintain investor confidence.
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