M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) has shared an announcement.
M&G Credit Income Investment Trust Plc announced that all resolutions at its recent General Meeting were passed by the required majority. This includes the authorization for directors to allot up to 15,501,113 Ordinary Shares and the disapplication of statutory pre-emption rights. These measures are intended to support the company’s zero discount policy, which could enhance operational efficiency and potentially benefit stakeholders by maintaining share price stability.
More about M&G Credit Income Investment Trust Plc
M&G Credit Income Investment Trust Plc operates in the financial industry, focusing on credit income investments. The company primarily offers investment opportunities in credit markets, aiming to provide shareholders with a regular and attractive level of income.
YTD Price Performance: 1.12%
Average Trading Volume: 268,901
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £146.8M
Find detailed analytics on MGCI stock on TipRanks’ Stock Analysis page.