The latest announcement is out from Picton Property Income ( (GB:PCTN) ).
Picton Property Income Limited has repurchased and canceled 430,000 of its ordinary shares, traded on the London Stock Exchange, at an average price of 66.0 pence per share. This transaction reduces the total number of shares in issue to 542,294,459, impacting the voting rights and potentially influencing shareholder interest calculations 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. It manages a £737 million commercial property portfolio across 48 assets with around 350 occupiers, focusing on delivering strong income returns and capital growth. The company is committed to sustainability, aiming for net zero carbon by 2040, and has a strategic focus on the industrial sector.
YTD Price Performance: 5.57%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $450.1M
For detailed information about PCTN stock, go to TipRanks’ Stock Analysis page.