Funding Circle Executes Share Buy-Back on LSE

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

Funding Circle Holdings plc has repurchased 63,702 of its own ordinary shares on the London Stock Exchange as part of a buy-back program announced earlier in the year. The shares were bought at a volume-weighted average price of 117.4269 pence per share and will be held in treasury, potentially impacting the company’s share capital structure and shareholder voting rights.

The most recent analyst rating on (GB:FCH) stock is a Hold with a £120.00 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 stock score reflects a mixed financial performance with positive profitability but challenges in revenue stability and cash flow. Technical indicators suggest bearish momentum, while the earnings call provides a positive outlook with strong growth metrics. The valuation is moderate, but the lack of a dividend yield may deter some investors.

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

More about Funding Circle Holdings

Funding Circle Holdings plc operates in the financial services industry, primarily focusing on providing loans to small and medium-sized enterprises (SMEs). The company facilitates peer-to-peer lending, connecting investors with businesses seeking capital, and is listed on the London Stock Exchange.

Average Trading Volume: 635,233

Technical Sentiment Signal: Buy

Current Market Cap: £345M

For an in-depth examination of FCH stock, go to TipRanks’ Overview page.