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IN BRIEF: Funding Circle completes initial GBP25 million share buyback

16th Oct 2024 09:52

Funding Circle Holdings PLC - London-based small and medium enterprise loans platform - Completes its initial GBP25 million share buyback programme on Tuesday, buying back 27.3 million shares or around 7.6% of the company's issued capital. It launches a further buyback programme for up to GBP25 million on Wednesday, as announced on September 5. Investec Bank PLC will manage the programme on the company's behalf.

Current stock price: 137.76 pence, down 0.2% in London on Wednesday morning

12-month change: up from 34.40p

By Emily Parsons, Alliance News reporter

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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