Funding Circle Holdings Limited (GB:FCH) has released an update.
Funding Circle Holdings plc has announced the buyback and subsequent cancellation of 329,934 of its ordinary shares, with transactions occurring on the London Stock Exchange at prices ranging from 96.80p to 99.40p per share. This move is part of a share buyback program initially announced on March 7, 2024, and following the cancellation, the total issued share capital will stand at 348,936,554 ordinary shares. The buyback reflects the company’s strategy to manage its capital effectively and is expected to influence shareholders’ notification obligations under the FCA’s rules.
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