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Funding Circle Executes Share Repurchase to Bolster Capital Structure

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Funding Circle Executes Share Repurchase to Bolster Capital Structure

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Funding Circle Holdings Limited ( (GB:FCH) ) just unveiled an update.

Funding Circle Holdings Limited has announced the repurchase of 88,790 ordinary shares from Investec Bank plc on the London Stock Exchange as part of their ongoing share buy-back program. This action, resulting in the cancellation of the purchased shares, will reduce the company’s issued share capital to 322,243,239 ordinary shares, potentially affecting shareholders’ notification obligations under the FCA’s rules.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited is a company operating in the financial services industry, primarily focused on peer-to-peer lending and providing funding solutions for small and medium-sized enterprises.

YTD Price Performance: -19.03%

Average Trading Volume: 900,741

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £325.8M

Learn more about FCH stock on TipRanks’ Stock Analysis page.

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