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M&G Credit Income Trust Issues New Shares to Boost Growth

M&G Credit Income Trust Issues New Shares to Boost Growth

M&G Credit Income Investment Trust Plc (GB:MGCI) has released an update.

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M&G Credit Income Investment Trust Plc has successfully issued 75,000 ordinary shares at a premium price of 97.40 pence per share. This transaction, completed on 16 October 2024, increases the total number of shares in circulation to 143,059,239, excluding those held in treasury. This move signifies the company’s strategy to bolster its financial standing and offer investors potentially lucrative opportunities.

For further insights into GB:MGCI stock, check out TipRanks’ Stock Analysis page.

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