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Picton Property Income ( (GB:PCTN) ) has shared an update.
Picton Property Income Limited has repurchased and cancelled 325,000 of its ordinary shares on the London Stock Exchange, which affects the total voting rights of the company. This move reflects Picton’s strategic financial management and may influence shareholder interests as per the Financial Conduct Authority’s rules.
More about Picton Property Income
Established in 2005, Picton Property Income Limited is a UK Real Estate Investment Trust (REIT) listed on the London Stock Exchange. The company manages a commercial property portfolio valued at £737 million, invested across 48 assets with approximately 350 occupiers. Picton aims to be a top-performing diversified UK REIT, with a focus on the industrial sector, and is committed to achieving net zero carbon by 2040.
YTD Price Performance: 2.41%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $448.6M
For an in-depth examination of PCTN stock, go to TipRanks’ Stock Analysis page.
