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M&G Credit Income Trust Expands Equity to Meet Investor Demand
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M&G Credit Income Trust Expands Equity to Meet Investor Demand

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An update from M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) is now available.

M&G Credit Income Investment Trust Plc announced the issuance of 150,000 new ordinary shares at 95.90 pence each to meet the ongoing demand from investors. This move increases the total number of ordinary shares and voting rights to 146,695,771, reflecting the company’s robust market engagement and investor interest.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc operates within the financial sector, focusing on providing credit income investment opportunities. The company is dedicated to managing investment trusts aimed at generating income through credit markets.

YTD Price Performance: 15.24%

Average Trading Volume: 294,485

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £141M

For an in-depth examination of MGCI stock, go to TipRanks’ Stock Analysis page.

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