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Funding Circle Holdings Limited ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings Limited has repurchased 131,999 of its own ordinary shares from Investec Bank plc on the London Stock Exchange. The shares will be canceled, reducing the company’s total share capital to 324,149,017 ordinary shares with voting rights. This buy-back, part of a previously announced program, reflects the company’s efforts to streamline its capital structure and potentially enhance shareholder value.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited operates in the financial services industry, specializing in providing loans to small and medium-sized enterprises (SMEs) through its online lending platform. The company focuses on enabling businesses to access fast and affordable funding, thereby supporting their growth and development.
YTD Price Performance: -6.34%
Average Trading Volume: 716,317
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £379.5M
See more data about FCH stock on TipRanks’ Stock Analysis page.
