Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Funding Circle Holdings Limited ( (GB:FCH) ) has provided an update.
Funding Circle Holdings Limited has executed a buy-back transaction, purchasing 187,567 of its own ordinary shares on the London Stock Exchange from Investec Bank plc. This move is part of a previously announced buy-back program and will result in the cancellation of these shares, reducing the company’s issued share capital to 321,318,769 ordinary shares. This strategic action is likely to impact the company’s market positioning by potentially increasing shareholder value and adjusting the capital structure.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited operates in the financial services industry, primarily focusing on providing loans to small and medium-sized enterprises (SMEs) through its online lending platform. The company aims to facilitate access to capital for businesses, thereby supporting their growth and development.
YTD Price Performance: -17.16%
Average Trading Volume: 907,742
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £332.4M
See more data about FCH stock on TipRanks’ Stock Analysis page.
