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Picton Property Income ( (GB:PCTN) ) has shared an announcement.
Picton Property Income Limited announced the purchase and cancellation of 350,000 of its Ordinary Shares, traded on the London Stock Exchange, with an average price of 65.6 pence per share. This transaction reduces the total number of issued shares to 545,931,960, impacting the company’s total voting rights and potentially influencing shareholder interests under regulatory guidelines.
More about Picton Property Income
Established in 2005, Picton Property Income Limited is a UK-based real estate investment trust (REIT) listed on the London Stock Exchange. The company owns and manages a commercial property portfolio valued at £737 million, diversified across 48 assets with a focus on the industrial sector. Picton aims to be a top-performing diversified UK REIT, delivering higher income returns and capital growth through its strategic and responsible business model.
YTD Price Performance: 2.41%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $448.1M
Find detailed analytics on PCTN stock on TipRanks’ Stock Analysis page.
