Picton Property Income ( (GB:PCTN) ) just unveiled an announcement.
Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, traded on the London Stock Exchange, at an average price of 64.9 pence per share. This transaction reduces the total number of shares in issue to 538,893,433, impacting shareholder voting rights and potentially enhancing shareholder value by reducing the share count.
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, focusing on the industrial sector. Picton aims to deliver consistent performance and income returns, with a commitment to achieving net zero carbon by 2040.
YTD Price Performance: 6.70%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $449.7M
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