Palace Capital (GB:PCA) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Palace Capital PLC has reported significant property disposals, including sales above valuation, and a robust cash position ahead of its AGM, with over £43 million returned to shareholders since July 2022. The company has completed and exchanged on several property sales, resulting in a net cash position, and plans for a potential second tender offer later in the year. With this financial strategy, Palace Capital continues to strengthen its capital return and disposal program.
For further insights into GB:PCA stock, check out TipRanks’ Stock Analysis page.
