An update from Picton Property Income ( (GB:PCTN) ) is now available.
Picton Property Income Limited has repurchased and canceled 60,951 of its ordinary shares, traded on the London Stock Exchange, at an average price of 68.6 pence per share. This transaction reduces the total number of shares in issue to 538,032,482, impacting the company’s total voting rights and potentially influencing shareholder interest calculations under regulatory guidelines.
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 manages a £737 million commercial property portfolio across 48 assets with around 350 occupiers, focusing on delivering high income returns and capital growth, particularly in the industrial sector. Picton is committed to a responsible business approach, aiming for net zero carbon by 2040.
YTD Price Performance: 12.90%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $476.4M
Learn more about PCTN stock on TipRanks’ Stock Analysis page.