Funding Circle Completes Share Buyback on LSE

Funding Circle Holdings plc has repurchased 77,687 of its own Ordinary Shares, as announced on 15 May 2025. The transaction occurred on 23 June 2025 through Investec Bank plc on the London Stock Exchange. The highest price per share was 117.80p, while the lowest was 111.40p, averaging a volume-weighted price of 115.0753p. These shares will be canceled, reducing the company's share capital to 311,167,077 shares with voting rights. This transaction aligns with the FCA's Disclosure Guidance and Transparency Rules, aiding shareholders in calculating their holding interests.

The move is part of Funding Circle’s ongoing efforts to manage its capital structure efficiently. By reducing the number of shares in circulation, the company aims to increase the value of the remaining shares. This strategy often indicates confidence in the company's future performance, given its possible positive impact on earnings per share and shareholder value.