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Flutter Entertainment announces $5bn buyback, shares surge

By Michele Maatouk

Date: Wednesday 25 Sep 2024

(Sharecast News) - Flutter Entertainment surged on Wednesday as it announced a $5bn share buyback and said profits were expected to more than double by 2027.
The owner of Betfair and FanDuel said adjusted earnings before interest, tax, depreciation and amortisation were set to grow to over $5bn in 2027.

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