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M&G Credit Income Trust Expands Share Base Amidst Growing Demand

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M&G Credit Income Trust Expands Share Base Amidst Growing Demand

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M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) has shared an update.

M&G Credit Income Investment Trust Plc announced the issuance of 750,000 additional ordinary shares to meet ongoing investor demand, priced at 95.00 pence per share. This move increases the total number of shares to 151,595,771, reflecting robust investor interest and enhancing the company’s capital base to support its investment strategies.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc operates in the financial sector, focusing on credit income investments. The company offers investment opportunities primarily through ordinary shares, targeting investors interested in income generation from credit markets.

YTD Price Performance: 1.76%

Average Trading Volume: 307,636

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £144.9M

Find detailed analytics on MGCI stock on TipRanks’ Stock Analysis page.

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