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Funding Circle Executes Share Buy-Back to Optimize Capital Structure

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

Funding Circle Holdings Limited announced the repurchase and cancellation of 243,065 of its ordinary shares from Investec Bank plc on the London Stock Exchange, as part of a buy-back program initiated in October 2024. This move reduces the company’s issued share capital to 317,798,217 ordinary shares, potentially impacting shareholder calculations under the FCA’s rules.

More about Funding Circle Holdings Limited

Funding Circle Holdings Limited operates in the financial technology industry, primarily offering peer-to-peer lending services. The company focuses on providing small and medium-sized enterprises (SMEs) with access to financing through its online platform, connecting them with investors seeking returns.

YTD Price Performance: -13.06%

Average Trading Volume: 1,040,903

Technical Sentiment Signal: Strong Sell

Current Market Cap: £345.2M

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

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