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M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) just unveiled an announcement.
M&G Credit Income Investment Trust Plc has announced the issuance of 1,000,000 ordinary shares at a price of 95.00 pence per share to satisfy ongoing demand. This issuance increases the total number of ordinary shares to 152,595,771, all of which carry voting rights, reflecting the company’s strategy to bolster its capital structure and potentially enhance shareholder value.
More about M&G Credit Income Investment Trust Plc
M&G Credit Income Investment Trust Plc operates in the financial investment sector, focusing on credit income investments. The company is involved in providing investment solutions, primarily in the form of ordinary shares to meet market demand, thereby catering to investors seeking income through credit investments.
YTD Price Performance: 2.39%
Average Trading Volume: 309,329
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £146.7M
For an in-depth examination of MGCI stock, go to TipRanks’ Stock Analysis page.
