Funding Circle Executes Share Buy-Back

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

Funding Circle Holdings plc, a company listed on the London Stock Exchange, has executed a buy-back of 62,717 of its own ordinary shares from Investec Bank plc. The shares were purchased at a volume-weighted average price of 116.7580p and will be held in treasury, increasing the company’s treasury shares to 1,275,582. This transaction is part of a previously announced buy-back program and affects the total voting rights in the company, which now stands at 303,465,994 ordinary shares.

The most recent analyst rating on (GB:FCH) stock is a Hold with a £133.00 price target. To see the full list of analyst forecasts on Funding Circle Holdings stock, see the GB:FCH Stock Forecast page.

Spark’s Take on GB:FCH Stock

According to Spark, TipRanks’ AI Analyst, GB:FCH is a Neutral.

Funding Circle Holdings Limited’s overall score reflects strong earnings call results and moderate valuation, tempered by mixed financial performance and technical indicators. The positive outlook from the earnings call is a significant strength, but financial and technical challenges need addressing.

To see Spark’s full report on GB:FCH stock, click here.

More about Funding Circle Holdings

Average Trading Volume: 629,136

Technical Sentiment Signal: Buy

Current Market Cap: £352.7M

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