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The latest update is out from Distribution Finance Capital Holdings Plc ( (GB:DFCH) ).
Distribution Finance Capital Holdings plc has executed a share buyback transaction, purchasing 383,141 ordinary shares at a price of 41.11 pence per share as part of its ongoing Share Buyback Programme. This move results in the company having 179,369,199 ordinary shares in issue, with 1,664,413 held in treasury, adjusting the total voting rights in the company to 177,704,786. The share buyback is a strategic move to potentially enhance shareholder value and optimize the company’s capital structure.
More about Distribution Finance Capital Holdings Plc
Distribution Finance Capital Holdings plc operates in the financial sector, focusing on providing distribution finance solutions. The company engages in offering financial services aimed at improving cash flow and working capital for businesses, primarily within the distribution sector.
YTD Price Performance: 10.81%
Average Trading Volume: 551,941
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £72.07M
For an in-depth examination of DFCH stock, go to TipRanks’ Stock Analysis page.