Flutter Entertainment plc (FLUT) shares dropped 7.37 percent to $283.52, down $22.55 on Friday, after the company announced a new share repurchase program. The online sports betting and iGaming operator said it will buy back up to $245 million worth of ordinary shares on the New York Stock Exchange between October 1 and December 31, 2025, as the fourth tranche of its multi-year $5 billion buyback initiative.
The stock opened at $291.61 and has traded between $276.86 and $293.80 so far today, with volume reaching 4.2 million shares, above the average of 2.6 million on the New York Stock Exchange.
Over the past year, the stock has traded between $183.18 and $313.68. The company expects to return around $1 billion to shareholders through its buyback program in 2025.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.