Funding Circle Adds to Treasury Stock with Latest Share Buyback
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Funding Circle Holdings has continued its share buyback program, repurchasing 63,124 ordinary shares on March 3 at an average price of 141.1976p. This increases its treasury stock to 4,410,269 shares, with 300,331,307 shares remaining in issue. Analysts rate the stock as a Buy with a £192.00 price target, while TipRanks’ AI Analyst gives it a Neutral score due to improving profitability but notes risks from negative cash flow and high valuation. Funding Circle focuses on providing loans to SMEs through its online platform.
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