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Distribution Finance Capital Holdings Plc ( (GB:DFCH) ) has issued an update.
Distribution Finance Capital Holdings Plc has announced a share buyback programme to purchase up to 17.5 million ordinary shares, representing about 10% of its issued share capital. The initiative reflects the board’s belief that the company’s current share price undervalues its future potential and aims to enhance shareholder returns. The buyback will be managed by Panmure Liberum Limited and has received necessary regulatory approvals, with purchases to be made on the London Stock Exchange.
More about Distribution Finance Capital Holdings Plc
Distribution Finance Capital Holdings Plc is a specialist bank in the UK that provides working capital solutions to dealers and manufacturers.
YTD Price Performance: 2.70%
Average Trading Volume: 449,704
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £67.03M
See more data about DFCH stock on TipRanks’ Stock Analysis page.
