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Funding Circle Holdings Limited ( (GB:FCH) ) has shared an announcement.
Funding Circle Holdings plc has executed a buy-back of 159,818 ordinary shares on the London Stock Exchange, as part of its previously announced share repurchase program. This action, aimed at reducing the number of shares in circulation, is expected to enhance shareholder value by increasing earnings per share and affirming the company’s confidence in its financial stability and future prospects.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited is a company operating in the financial sector, primarily engaged in peer-to-peer lending services. The company focuses on providing small and medium-sized enterprises (SMEs) with access to capital through an online platform, targeting the growing demand for alternative lending avenues in the financial market.
YTD Price Performance: -4.48%
Average Trading Volume: 723,680
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £388.8M
See more insights into FCH stock on TipRanks’ Stock Analysis page.
