Pengana Global Private Credit Trust Announces Cessation of Securities

Story Highlights
Pengana Global Private Credit Trust Announces Cessation of Securities

An announcement from Pengana Global Private Credit Trust ( (AU:PCX) ) is now available.

Pengana Global Private Credit Trust announced the cessation of 992,742 ordinary units, which were cancelled as part of an equal access scheme buy-back. This move reflects the company’s ongoing efforts to manage its capital structure effectively, potentially impacting its market positioning and investor relations by optimizing shareholder value.

More about Pengana Global Private Credit Trust

Pengana Global Private Credit Trust operates in the financial services industry, focusing on providing private credit investment opportunities. The trust is involved in managing and offering credit products to investors, aiming to deliver stable income through diversified credit portfolios.

YTD Price Performance: -0.25%

Average Trading Volume: 123,674

Technical Sentiment Signal: Strong Sell

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App