on Funding Circle Plc (isin : GB00BG0TPX62)
Funding Circle Executes Share Buyback on LSE
On March 14, 2025, Funding Circle Holdings plc completed a significant share buyback exercise, purchasing 98,056 ordinary shares from Investec Bank plc. This event, part of the company's October 2024 buyback initiative, was conducted on the London Stock Exchange. The shares were acquired at prices ranging from 103.00p to 104.00p, with a volume-weighted average price of 103.4788p per share.
The acquired shares will be cancelled, resulting in a revised issued share capital of 318,732,543 ordinary shares. Notably, no shares are held in treasury, providing a clear denominator for shareholders assessing their ownership stakes in compliance with FCA's guidelines.
The buyback aligns with the Market Abuse Regulation, ensuring transparency in share repurchase activities facilitated by retained EU law. This transaction underscores Funding Circle's commitment to managing its capital efficiently.
R. P.
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