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M&G Credit Income Expands Share Base Amid Growing Demand
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M&G Credit Income Expands Share Base Amid Growing Demand

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The latest update is out from M&G Credit Income Investment Trust Plc ( (GB:MGCI) ).

M&G Credit Income Investment Trust Plc announced the issuance of 500,000 ordinary shares at 96.40 pence each, underlining the ongoing demand for its shares. This issuance increases the total number of shares to 148,095,771, with equivalent voting rights, reflecting the company’s strategy to enhance its capital and shareholder base.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc operates within the financial investment sector, focusing on credit income investments. It primarily engages in issuing shares to meet demand and manage its investment portfolio, catering to investors seeking income through credit markets.

YTD Price Performance: 0.0%

Average Trading Volume: 296,584

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £142.6M

See more data about MGCI stock on TipRanks’ Stock Analysis page.

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