Share Repurchase Scheme Implementation by Funding Circle Holdings

Published: 09 May 2025
Funding Circle Holdings, a leading business financing firm, puts its announced buy-back plan into action as it purchases its own shares for cancellation.

Funding Circle Holdings has taken noteworthy strides in share market movement by initiating its declared buy-back plan. The company purchased its own shares from the London Stock Exchange, creating ripples in the finance arena. The shares were bought from Investec Bank, once again highlighting the company’s forward-thinking approach and determined plan of action.

This smart initiative undertaken on 9th May 2025, saw 99,847 ordinary shares bought by Funding Circle. The highest price that was paid per share was 119.80p, while the lowest was reported at 118.40p. This resulted in a volume-weighted average price paid per share being 118.9611p.

The aim of this significant move is to cancel all of the purchased Ordinary Shares, in line with a strategic plan to reduce the company’s own capital. The company’s issued capital following the cancellation of these shares will naturally decrease, making up of 313,513,262 Ordinary Shares with voting rights.