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Funding Circle Holdings Limited ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings Limited announced the purchase and cancellation of 276,254 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program initiated in October 2024. This transaction is aimed at reducing the company’s share capital, which now stands at 324,910,752 ordinary shares with voting rights, potentially enhancing shareholder value by consolidating ownership and increasing earnings per share.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited operates in the financial services industry, primarily focusing on providing small and medium-sized enterprises (SMEs) with access to affordable business loans through an online lending platform. The company’s market focus is centered around facilitating efficient and transparent lending experiences for both borrowers and investors.
YTD Price Performance: -5.97%
Average Trading Volume: 811,107
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £382M
For an in-depth examination of FCH stock, go to TipRanks’ Stock Analysis page.
