on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Plc: Share Buyback Transaction Update
Funding Circle Holdings plc announced the purchase of 85,506 of its ordinary shares on 21 August 2024. This buyback is part of a program initially announced on 7 March 2024.
The shares were acquired at prices ranging from 105.50p to 107.00p, with a volume-weighted average price of 106.7820p. These shares will be cancelled, reducing the company's issued share capital to 340,068,834 ordinary shares with voting rights. No ordinary shares are held in treasury.
The transaction was conducted through Numis Securities Limited on the London Stock Exchange. Detailed individual purchase information, including transaction prices and times, is provided in the company's statement.
This buyback aims to benefit shareholders by decreasing the total number of outstanding shares, potentially enhancing the value of remaining shares.
R. H.
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