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An announcement from Funding Circle Holdings Limited ( (GB:FCH) ) is now available.
Funding Circle Holdings Limited has repurchased 97,247 of its own ordinary shares on the London Stock Exchange from Investec Bank plc, as part of its previously announced buy-back program. This action, aiming to reduce the number of shares in circulation, could potentially enhance shareholder value by increasing earnings per share and demonstrates the company’s commitment to returning capital to its investors.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited is a company operating in the financial services industry, primarily focusing on providing loans to small and medium-sized enterprises. It leverages technology to facilitate peer-to-peer lending, connecting investors with businesses seeking funds for growth and operations.
YTD Price Performance: 216.25%
Average Trading Volume: 1,013,501
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £387.5M
For a thorough assessment of FCH stock, go to TipRanks’ Stock Analysis page.
