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Funding Circle Completes Share Buy-back to Adjust Capital Structure

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Funding Circle Completes Share Buy-back to Adjust Capital Structure

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

Funding Circle Holdings Limited has completed a share buy-back transaction, purchasing 211,385 ordinary shares from Investec Bank plc for cancellation. This move is part of a previously announced buy-back program and will reduce the company’s issued share capital, impacting the calculation of shareholder interests under regulatory guidelines.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited operates in the financial industry, primarily offering peer-to-peer lending services that connect small businesses seeking loans with investors. The company focuses on providing accessible financing solutions to small and medium-sized enterprises (SMEs) to support their growth and operations.

YTD Price Performance: -19.40%

Average Trading Volume: 879,716

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £325.2M

For a thorough assessment of FCH stock, go to TipRanks’ Stock Analysis page.

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