sur Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Concludes Share Buyback
Funding Circle Holdings plc has completed a significant transaction involving its own shares as part of a buyback program announced on May 15, 2025. The company purchased a total of 66,706 ordinary shares from Investec Bank plc on June 19, 2025, with prices ranging between 108.00p and 118.60p per share. The volume-weighted average price of the transactions was 112.5568p.
All purchased shares will be cancelled, reducing the company's total issued share capital to 311,344,764 ordinary shares with voting rights. This adjustment serves to enhance the company's capital structure. Funding Circle has clarified that there are no shares held in treasury following this transaction.
The share repurchase aligns with Funding Circle's strategy to optimize capital allocation, reflecting confidence in its financial position and future performance. This move also provides clarity to shareholders regarding their voting rights in light of the adjusted share capital.
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