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The latest announcement is out from Funding Circle Holdings Limited ( (GB:FCH) ).
Funding Circle Holdings Limited has executed a buyback of 141,872 ordinary shares on the London Stock Exchange, purchased from Investec Bank plc. The shares were acquired at a volume-weighted average price of 124.7176 pence per share, and all repurchased shares will be canceled, reducing the company’s issued share capital to 324,007,145 ordinary shares with voting rights. This transaction is part of a previously announced buy-back program and impacts shareholders by potentially increasing their proportional ownership and aligning with the FCA’s Disclosure Guidance and Transparency Rules.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited is a company in the financial services industry, primarily focused on providing online lending services to small and medium-sized enterprises (SMEs). The company operates a peer-to-peer lending platform that connects investors with businesses seeking capital, facilitating economic growth and development.
YTD Price Performance: -5.60%
Average Trading Volume: 712,327
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £382.2M
For an in-depth examination of FCH stock, go to TipRanks’ Stock Analysis page.
