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Funding Circle Holdings Limited ( (GB:FCH) ) has shared an update.
Funding Circle Holdings plc, a company listed on the London Stock Exchange, has executed a buyback of its own shares. On December 18, 2024, it purchased 111,319 ordinary shares from Investec Bank plc at a volume-weighted average price of 127.0673 pence per share. The company plans to cancel these shares, which will result in a new total share capital of 328,334,801 voting rights shares. This move is part of a broader buyback program announced in October 2024, aimed at optimizing the company’s capital structure and potentially increasing shareholder value.
More about Funding Circle Holdings Limited
YTD Price Performance: 211.25%
Average Trading Volume: 1,016,842
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £381.5M
For a thorough assessment of FCH stock, go to TipRanks’ Stock Analysis page.
