on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Executes Share Buyback on London Stock Exchange
Funding Circle Holdings plc reported a share buyback transaction involving 299,080 ordinary shares purchased from Investec Bank plc on April 17, 2025. This operation is part of the company's buyback initiative announced in October 2024. The shares were bought at prices ranging from 101.20p to 104.40p, with a volume-weighted average price of 103.1139p.
The company plans to cancel all purchased shares, resulting in a reduced total share capital of 315,197,913 ordinary shares with voting rights. This figure will be crucial for shareholders when determining necessary FCA disclosure notifications regarding their company interests, following the cancellation.
The buyback is governed under Article 5(1)(b) of Regulation (EU) No 596/2014, as retained in UK law post-Brexit. Transactions occurred on the London Stock Exchange, with details outlined in the company's report.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Funding Circle Plc news