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Picton Property Income ( (GB:PCTN) ) has shared an update.
Picton Property Income Limited has repurchased and cancelled 400,000 of its Ordinary Shares on the London Stock Exchange, reducing the total number of shares in issue to 543,361,960. This transaction is part of the company’s broader strategy to manage its share capital and may affect shareholders’ voting rights calculations under the Financial Conduct Authority’s 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. The company actively manages a £737 million commercial property portfolio across 48 assets, focusing on diversified UK REIT performance, particularly in the industrial sector. Committed to sustainability, Picton aims for net zero carbon by 2040.
YTD Price Performance: 4.68%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $447M
See more data about PCTN stock on TipRanks’ Stock Analysis page.
