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Picton Property Income ( (GB:PCTN) ) has provided an update.
Picton Property Income Limited announced the purchase and cancellation of 350,000 of its ordinary shares on the London Stock Exchange, with an average price of 67.1 pence per share. This transaction reduces the total number of ordinary shares in issue to 546,281,960, impacting the voting rights and interest calculations for shareholders 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. It manages a £737 million commercial property portfolio comprising 48 assets and approximately 350 occupiers. The company’s strategy is focused on an occupier-focused, opportunity-led approach, aiming to be a top-performing diversified UK REIT with a responsible business approach, including a commitment to achieving net zero carbon by 2040.
YTD Price Performance: 3.67%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $447.8M
For an in-depth examination of PCTN stock, go to TipRanks’ Stock Analysis page.
