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Funding Circle Executes Share Buy-Back, Reduces Issued Capital

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Funding Circle Executes Share Buy-Back, Reduces Issued Capital

An announcement from Funding Circle Holdings Limited ( (GB:FCH) ) is now available.

Funding Circle Holdings Limited announced the purchase and cancellation of 176,486 of its own ordinary shares on the London Stock Exchange as part of a buy-back program. This move reduces the company’s issued share capital to 320,499,156 ordinary shares, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited is a financial services company specializing in peer-to-peer lending. It primarily focuses on providing small and medium-sized enterprises (SMEs) with access to funding, positioning itself as a key player in the alternative finance industry.

YTD Price Performance: -20.90%

Average Trading Volume: 901,135

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £316.6M

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

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