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The latest update is out from Picton Property Income ( (GB:PCTN) ).
Picton Property Income Limited announced the purchase and cancellation of 350,000 of its ordinary shares on the London Stock Exchange, aiming to optimize its capital structure. This transaction reduces the total number of issued shares to 545,231,960, impacting shareholder calculations related to voting rights and interest disclosures per Financial Conduct Authority rules.
More about Picton Property Income
Picton Property Income Limited, established in 2005, is a UK-based real estate investment trust (REIT) listed on the London Stock Exchange. It manages a diverse commercial property portfolio valued at £737 million, with 48 assets and around 350 occupiers. The company focuses on delivering consistent performance and income returns, primarily in the industrial sector, and is committed to achieving net zero carbon by 2040.
YTD Price Performance: 5.19%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $450M
See more data about PCTN stock on TipRanks’ Stock Analysis page.
