Funding Circle Holdings Limited (GB:FCH) has released an update.
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Funding Circle Holdings plc has successfully executed a buy-back of 249,471 of its own shares, with prices ranging between 111.00p and 113.50p, culminating in an average purchase price of 112.4850p per share. These shares are set to be cancelled, which will consequently reduce the company’s issued share capital to 343,524,558 ordinary shares. This move could potentially impact shareholders’ stakes and is in line with the company’s previously announced buy-back strategy.
For further insights into GB:FCH stock, check out TipRanks’ Stock Analysis page.
