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Funding Circle Holdings Limited ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings plc announced a buy-back of its own shares on the London Stock Exchange, purchasing 88,600 ordinary shares from Investec Bank plc. The buy-back is part of a previously announced plan, and all purchased shares will be canceled, reducing the company’s total share capital to 328,715,410 ordinary shares with voting rights. This move is likely aimed at consolidating the company’s share value and providing a return to shareholders, which could positively affect its market positioning and stakeholder interests.
More about Funding Circle Holdings Limited
YTD Price Performance: 223.75%
Average Trading Volume: 1,071,105
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £397.3M
For detailed information about FCH stock, go to TipRanks’ Stock Analysis page.
