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M&G Credit Income Investment Trust Boosts Share Issuance to Meet Growing Demand
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M&G Credit Income Investment Trust Boosts Share Issuance to Meet Growing Demand

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An update from M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) is now available.

M&G Credit Income Investment Trust plc announced the issuance of 250,000 new ordinary shares at 96.00 pence each to satisfy the ongoing demand for its shares. This issuance increases the total number of voting rights and shares to 146,945,771, providing more options for stakeholders and potentially enhancing the liquidity and market presence of the company.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust plc operates in the investment management industry, focusing primarily on providing credit income investment solutions. The company’s market focus is on meeting the demand for credit income through structured financial products.

YTD Price Performance: 16.19%

Average Trading Volume: 291,099

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £142.3M

See more insights into MGCI stock on TipRanks’ Stock Analysis page.

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