tiprankstipranks
Trending News
More News >

Pengana Global Private Credit Trust Announces Cessation of Securities

Story Highlights
  • Pengana Global Private Credit Trust operates in the financial industry, offering private credit investments.
  • The company ceased 183,664 ordinary units through an on-market buy-back to optimize capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pengana Global Private Credit Trust Announces Cessation of Securities

Pengana Global Private Credit Trust ( (AU:PCX) ) just unveiled an update.

Pengana Global Private Credit Trust has announced the cessation of 183,664 ordinary units, which were cancelled as part of an on-market buy-back. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing its capital structure and enhancing shareholder value.

More about Pengana Global Private Credit Trust

Pengana Global Private Credit Trust operates in the financial industry, focusing on providing private credit investment opportunities. The company is involved in managing and offering investment products that cater to investors seeking exposure to global private credit markets.

YTD Price Performance: -0.15%

Average Trading Volume: 130,338

Technical Sentiment Signal: Strong Sell

Learn more 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