The latest update is out from Funding Circle Holdings Limited ( (GB:FCH) ).
Funding Circle Holdings plc, a company listed on the London Stock Exchange, has executed a buy-back of 249,640 of its ordinary shares from Investec Bank plc. This transaction is part of a previously announced buy-back program. The shares were purchased at a volume-weighted average price of 99.9450 pence per share and will be cancelled, reducing the company’s issued share capital to 316,686,342 ordinary shares with voting rights. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Funding Circle Holdings Limited
YTD Price Performance: -20.60%
Average Trading Volume: 1,070,228
Technical Sentiment Signal: Sell
Current Market Cap: £313.8M
See more data about FCH stock on TipRanks’ Stock Analysis page.