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Funding Circle Executes Share Buy-Back, Cancelling 300,000 Shares

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Funding Circle Executes Share Buy-Back, Cancelling 300,000 Shares

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The latest update is out from Funding Circle Holdings Limited ( (GB:FCH) ).

Funding Circle Holdings Limited announced the purchase and cancellation of 300,000 of its own ordinary shares from Investec Bank on the London Stock Exchange, as part of a buy-back program initiated in October 2024. This move reduces the company’s issued share capital to 321,943,239 ordinary shares with voting rights, potentially impacting shareholder interests and the company’s market positioning by consolidating ownership.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited operates in the financial technology industry, primarily providing an online platform for small business loans. The company focuses on connecting small businesses with investors, offering an alternative to traditional bank loans.

YTD Price Performance: -17.54%

Average Trading Volume: 897,372

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £331.7M

See more data about FCH stock on TipRanks’ Stock Analysis page.

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