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Funding Circle Executes Share Buyback, Cancels 187,127 Shares

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Funding Circle Executes Share Buyback, Cancels 187,127 Shares

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The latest announcement is out from Funding Circle Holdings Limited ( (GB:FCH) ).

On February 14, 2025, Funding Circle Holdings plc executed a share buyback, purchasing and canceling 187,127 ordinary shares from Investec Bank plc on the London Stock Exchange. This action is part of the company’s previously announced buyback program, aimed at reducing the number of shares in circulation and potentially increasing the value for remaining shareholders. Following the cancellation, the total number of shares with voting rights is now 322,332,029, a move that could impact stakeholder interests and market perceptions.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited is a financial services company specializing in peer-to-peer lending, primarily focusing on providing small and medium-sized enterprises (SMEs) access to funding. The company operates a platform that connects investors with businesses seeking loans, facilitating financial growth and development in the SME sector.

YTD Price Performance: -18.28%

Average Trading Volume: 900,290

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £329.2M

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

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