tiprankstipranks
Trending News
More News >

FD Technologies Expands Share Capital with New Equity Issue

Story Highlights

FD Technologies ( (GB:FDP) ) just unveiled an update.

FD Technologies announced the issuance of 8,666 new ordinary shares following the exercise of employee share options, increasing the total share capital to 22,102,739 shares. This move is expected to enhance the company’s market presence as the new shares will be traded on AIM and Euronext Growth, potentially impacting its financial standing and stakeholder interests.

More about FD Technologies

FD Technologies, through its subsidiary KX, operates in the technology industry, focusing on AI-driven data analytics. KX offers an advanced analytical database that processes large volumes of historical and real-time data, serving sectors such as investment banking, aerospace, defense, high-tech manufacturing, and health sciences across North America, Europe, and Asia Pacific.

YTD Price Performance: -12.04%

Average Trading Volume: 82,650

Technical Sentiment Signal: Hold

Current Market Cap: £377.4M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App