Flutter Entertainment plc has initiated a share repurchase program, announcing that it will buy back ordinary shares worth up to $245 million on the New York Stock Exchange starting October 1, 2025, and concluding by December 31, 2025. This buyback represents the fourth tranche of a larger multi-year program of up to $5 billion, which was first announced in September 2024. The company expects to return approximately $1 billion to shareholders through this program in 2025.
The share repurchase will be executed by Davy Securities UC, which will make independent trading decisions within pre-set parameters. The maximum number of shares to be repurchased is capped at 17,674,003, reduced by any shares bought in previous tranches of the program. The repurchased shares will be cancelled, and future buyback decisions will depend on Flutter's capital needs and market conditions.
linkAug 08, 2025 06:56:19
On August 7, 2025, Flutter Treasury DAC, a subsidiary of Flutter Entertainment plc, issued senior secured notes totaling an aggregate principal amount that includes further issuances of previously issued notes. Additionally, the company increased its term B loans by $500 million and its revolving credit facility by £50 million. The proceeds from these financial activities will be used to acquire a 5% minority interest in FanDuel and to extend a strategic partnership with Boyd Interactive Gaming Holdings, L.L.C.
The senior secured notes are guaranteed by Flutter Entertainment plc and other related entities, and were sold to qualified institutional buyers in the United States and non-U.S. persons internationally. The overall structure of the term B loans and revolving credit facility remains largely unchanged, aside from the amendments made by the Fourth Incremental Assumption Agreement. The adjustments to the credit facilities are part of the company's ongoing financial strategy to support its acquisitions and partnerships.
linkAug 07, 2025 16:15:44
Flutter Entertainment plc announced its financial results for the second quarter of 2025, reporting a 16% year-over-year revenue growth, reaching $17.26 billion, alongside a 25% increase in adjusted EBITDA to $919 million. The company has increased its full-year 2025 guidance, now projecting revenue and adjusted EBITDA of $17.26 billion and $3.295 billion, respectively. Notably, Flutter's net income was impacted by non-cash charges, resulting in a decrease of 88% compared to the previous year, primarily due to increased amortization and tax expenses.
The company highlighted strategic advancements, including the full ownership of FanDuel and significant market positions in Italy and Brazil following recent acquisitions. In the U.S. market, Flutter maintained its leading position in both sportsbook and iGaming, achieving a 17% revenue growth driven by improved player engagement and product enhancements. The international segment also performed well, with a 15% increase in revenue, bolstered by the integration of Snai and NSX. Flutter is focused on improving operational efficiencies and enhancing customer experiences amid evolving regulatory landscapes.
linkAug 07, 2025 16:07:53
Flutter Entertainment plc announced that it received a notification regarding major holdings from BlackRock, Inc. on August 6, 2025. This announcement was made to comply with the disclosure requirements set by the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The notification indicated changes in voting rights associated with shares of Flutter Entertainment. BlackRock's details were provided, including their registered office in Wilmington, USA, and the notification was signed on behalf of the company by authorized representatives.
linkAug 06, 2025 13:18:53
On August 1, 2025, Flutter Entertainment plc announced its total voting rights in compliance with UK regulatory requirements. As of July 31, 2025, the company reported a total of 176,075,077 ordinary shares, each with a nominal value of €0.09 and carrying one vote per share.
This announcement serves as the official figure for shareholders to use when calculating their interests in the company, as required under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The total number of shares will be relevant for shareholders determining if they need to notify any changes in their interest in Flutter Entertainment.
linkAug 01, 2025 11:10:45
On July 31, 2025, Flutter Entertainment plc announced the submission of a notification regarding major holdings, in accordance with the UK's Financial Conduct Authority's disclosure rules. This notification was communicated through the Regulatory News Service in London and is intended to ensure compliance with transparency regulations.
The announcement includes details on the number and percentage of voting rights held by the proxy holder, as well as the duration for which these rights will be maintained. This information is relevant for investors monitoring significant changes in shareholding that could impact the company's governance and stock performance.
linkJul 31, 2025 14:19:08
Flutter Entertainment plc has finalized an agreement with Boyd Gaming Corporation, extending their strategic partnership until 2038 and acquiring Boyd's 5% stake in FanDuel Group. This transaction is expected to enhance Flutter's market access savings, effective July 1, 2025.
As a leading online sports betting and iGaming operator, Flutter aims to leverage its global position and diverse brand portfolio, which includes FanDuel, Sky Betting & Gaming, and PokerStars. The company is focused on long-term growth while promoting sustainability through its Positive Impact Plan.
linkJul 31, 2025 09:02:53
On July 29, 2025, Flutter Entertainment plc announced a notification regarding a major holding submission by BlackRock, Inc. This announcement was made to comply with the UK's Financial Conduct Authority's disclosure requirements. The notification details the acquisition or disposal of voting rights associated with Flutter Entertainment shares.
The submission, referenced as Standard Form TR-1, indicates the voting rights held by BlackRock as of July 25, 2025. The notification includes specifics about the number and percentage of voting rights held by BlackRock, along with the date until which these rights will be maintained. This information is relevant for investors monitoring significant changes in shareholder structures.
linkJul 29, 2025 11:51:23
Flutter Entertainment plc has announced the pricing of an offering totaling $1.27 billion in senior secured notes due in 2031, which includes $625 million of 5.875% notes, €300 million of 4.000% notes, and £250 million of 6.125% notes. The notes are issued by its subsidiary, Flutter Treasury DAC, and are expected to be settled around August 7, 2025. The offering is aimed at qualified institutional buyers and non-U.S. investors, and the notes will be applied for trading on The International Stock Exchange.
The proceeds from this offering, along with a new U.S. dollar-denominated term loan B facility, will be utilized to acquire a minority interest in FanDuel and extend a partnership with Boyd Interactive Gaming Holdings, L.L.C. Flutter plans to use cash on its balance sheet to cover associated costs and expenses. The company operates a diverse portfolio of online sports betting and iGaming brands, positioning itself as a leading operator in the industry.
linkJul 24, 2025 16:12:40
Flutter Entertainment plc announced that it will release its second quarter 2025 financial results on August 7, 2025, after market close at 4:05 p.m. EDT. The results will be available on the company’s website, and management will host a conference call at 4:30 p.m. EDT to discuss the results and answer questions. Investors can access the call via webcast or telephone, with a replay available shortly after the event concludes.
As a leading online sports betting and iGaming operator, Flutter operates several well-known brands including FanDuel and PokerStars. The company aims to leverage its market position to drive long-term growth while focusing on sustainability through its Positive Impact Plan. Flutter’s diverse portfolio and global presence are key aspects of its business strategy.
linkJul 24, 2025 11:10:21