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Distribution Finance Capital Executes Share Buyback

Story Highlights
  • Distribution Finance Capital Holdings Plc operates in financial services, offering distribution finance.
  • The company bought back 2,750,000 shares, impacting voting rights and share calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Distribution Finance Capital Holdings Plc ( (GB:DFCH) ) has shared an update.

Distribution Finance Capital Holdings Plc has executed a share buyback, purchasing 2,750,000 ordinary shares at 34 pence each from Panmure Liberum Limited as part of its previously announced share buyback programme. This transaction affects the total number of voting rights and shares in issue, which stakeholders can use to assess their interests in the company under regulatory guidelines.

Spark’s Take on GB:DFCH Stock

According to Spark, TipRanks’ AI Analyst, GB:DFCH is a Outperform.

Distribution Finance Capital Holdings Plc scores strongly overall, driven by robust financial performance and strategic corporate activities. The company is financially stable with significant equity and no debt, and undervaluation suggests potential upside. Despite mixed technical indicators, the positive corporate events enhance outlook, making it an attractive investment opportunity.

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

More about Distribution Finance Capital Holdings Plc

Distribution Finance Capital Holdings Plc operates in the financial services industry, focusing on providing financing solutions. The company primarily engages in offering distribution finance services, which support businesses in managing their cash flow and inventory needs.

YTD Price Performance: -6.76%

Average Trading Volume: 687,541

Technical Sentiment Signal: Sell

Current Market Cap: £58.48M

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

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