Funding Circle (LON:FCH) shares climb 7% after buyback update
Funding Circle Holdings Plc rose 7.02% Wednesday, putting a spotlight on the lender’s reduced share count after the late June voting-rights notice and recent share buybacks. Shares ended at 158.60p, up 10.40p, after swinging from 147.00p to 159.20p. About 1.73 million shares changed hands, more than double Google Finance’s average of 780,620. LSE trading closed with Funding Circle quoted at 157.60p to sell, 158.00p to buy, up from a 148.20p close. Hargreaves Lansdown’s broker page showed the FTSE 250 up 1.38% on the day, but Funding Circle posted a much bigger one-day gain.