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Funding Circle Executes Share Buyback, Cancels 160,809 Shares
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Funding Circle Executes Share Buyback, Cancels 160,809 Shares

Story Highlights
  • Funding Circle Plc has conducted a share buy-back, purchasing and canceling 160,809 shares.
  • Post-cancellation, the company’s share capital consists of 326,011,293 ordinary shares with voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Funding Circle Holdings Limited ( (GB:FCH) ) is now available.

Funding Circle Holdings Plc, a company operating in the financial industry, has executed a buy-back transaction involving the purchase and cancellation of its own shares. On January 15, 2025, the company acquired 160,809 ordinary shares from Investec Bank plc at varying prices, with the highest being 125.50p and the lowest at 121.00p. This move is part of a previously announced buy-back program aiming to optimize the company’s capital structure. Following the cancellation of these shares, Funding Circle’s issued share capital will now consist of 326,011,293 ordinary shares with voting rights, potentially affecting shareholder calculations under FCA rules.

More about Funding Circle Holdings Limited

YTD Price Performance: -11.19%

Average Trading Volume: 816,651

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £361.9M

Find detailed analytics on FCH stock on TipRanks’ Stock Analysis page.

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