Flutter Entertainment plc
Flutter Entertainment Announces Second Tranche of Share Repurchase Program
Summary
On March 5, 2025, Flutter Entertainment plc announced the launch of the second tranche of its share repurchase program, aiming to repurchase up to $300 million worth of its ordinary shares on the New York Stock Exchange. The buyback, which will run from April 1, 2025, to June 30, 2025, is part of a multi-year program intended to return approximately $1 billion to shareholders by 2025. This announcement was made to comply with disclosure requirements under the UK Financial Conduct Authority's rules and was furnished as Exhibit 99.1 to this Form 8-K.
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Exhibits (2)
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About Flutter Entertainment plc
Flutter Entertainment plc is a global sports betting and gaming company, recognized as a leader in the online entertainment industry. The company is known for its dynamic portfolio of popular brands, including Paddy Power, Betfair, PokerStars, and FanDuel, each catering to varied segments of the sports betting and gaming markets. Flutter Entertainment focuses on delivering thrilling experiences through innovative technology platforms that support online wagering, live sports betting, and an array of casino games. With a strong presence in Europe, North America, and other international markets, Flutter Entertainment leverages a mix of local expertise and global resources to maintain its competitive edge. The company also emphasizes responsible gaming practices, investing in resources to ensure safe and enjoyable user experiences. In the financial market, Flutter Entertainment plc holds significant market influence, driven by its extensive customer base, diversified product offerings, and strategic acquisitions. It continues to play a vital role in the evolution of the online betting landscape, adapting to regulatory changes and technological advancements while seeking sustainable growth across its operations.
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