Funding Circle Reduces Share Capital with Buy-Back

Funding Circle Holdings Limited (GB:FCH) has released an update.

Funding Circle Holdings plc has taken a significant step in its share buy-back program by purchasing and canceling 125,000 of its ordinary shares from the London Stock Exchange, at an average price of 130.5790p per share. This move reduces the company’s share capital to 332,695,378 ordinary shares with voting rights. Such buy-back initiatives might influence investor confidence and impact the stock’s performance in the financial markets.

For further insights into GB:FCH stock, check out TipRanks’ Stock Analysis page.