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Funding Circle Holdings Limited ( (GB:FCH) ) has issued an update.
Funding Circle Holdings Limited announced the purchase and cancellation of 77,987 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. This transaction, carried out through Investec Bank plc, aims to consolidate the company’s share capital, which now consists of 327,676,422 shares with voting rights, potentially affecting shareholder calculations and obligations under regulatory guidelines.
More about Funding Circle Holdings Limited
Funding Circle Holdings Limited operates in the financial services industry, primarily providing peer-to-peer lending services aimed at small and medium-sized enterprises. The company focuses on facilitating business loans through its online platform, targeting a broad market of SMEs seeking alternative financing solutions.
YTD Price Performance: 225.00%
Average Trading Volume: 811,170
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £397.5M
For detailed information about FCH stock, go to TipRanks’ Stock Analysis page.
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