Picton Property Income ( (GB:PCTN) ) has issued an announcement.
Picton Property Income Limited has announced the purchase and cancellation of 670,000 of its Ordinary Shares, executed through Stifel Nicolaus Europe Limited on the London Stock Exchange. This transaction reduces the total number of shares in issue to 539,943,433, impacting the company’s total voting rights and potentially affecting shareholder interests 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 diversified £737 million commercial property portfolio across 48 assets with around 350 occupiers. The company focuses on delivering consistent upper quartile performance and higher income returns compared to the MSCI Quarterly Property Index, with a strategic emphasis on the industrial sector. Picton is committed to achieving net zero carbon by 2040.
YTD Price Performance: 3.54%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $440.1M
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