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Funding Circle Holdings Limited ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings Limited announced a transaction involving the repurchase and cancellation of 98,588 ordinary shares from Investec Bank on the London Stock Exchange, as part of a buy-back program. This transaction reduces the company’s issued share capital to 327,837,191 ordinary shares, potentially impacting shareholder interests and the company’s market positioning, as it aligns with strategic financial management goals to enhance shareholder value.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited is a financial technology company that specializes in providing peer-to-peer lending services. The company focuses on connecting small and medium-sized enterprises (SMEs) with investors seeking attractive returns, facilitating the flow of capital to businesses in need of financing.
YTD Price Performance: 233.75%
Average Trading Volume: 834,806
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £408.4M
For detailed information about FCH stock, go to TipRanks’ Stock Analysis page.
