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Funding Circle Executes Share Buy-Back to Optimize Capital Structure

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Funding Circle Executes Share Buy-Back to Optimize Capital Structure

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

Funding Circle Holdings Limited has repurchased and canceled 197,617 of its ordinary shares on the London Stock Exchange as part of a buy-back program announced in October 2024. This transaction reduces the company’s issued share capital to 321,121,152 ordinary shares, potentially affecting shareholder calculations under the FCA’s rules and reflecting the company’s strategic financial management approach.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited operates in the financial services industry, primarily focusing on providing a platform for small and medium-sized enterprises (SMEs) to access business loans. The company connects these businesses with investors, facilitating the lending process and supporting economic growth by enabling SMEs to secure necessary funding.

YTD Price Performance: -20.15%

Average Trading Volume: 911,114

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £320.2M

Find detailed analytics on FCH stock on TipRanks’ Stock Analysis page.

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