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An announcement from Pengana Global Private Credit Trust ( (AU:PCX) ) is now available.
Pengana Global Private Credit Trust has lodged a final notification of its equal access buy-back of ordinary units, confirming that a total of 303,745 units have been repurchased for consideration of about A$611,560. The completion of this buy-back, first announced in November and now finalised, reduces the number of units on issue and may incrementally enhance net asset backing per remaining unit holders, signalling active capital management aimed at supporting unit price and aligning the trust’s structure with investor demand.
More about Pengana Global Private Credit Trust
Pengana Global Private Credit Trust is an ASX-listed investment trust focused on global private credit, providing investors exposure to a diversified portfolio of private credit instruments through its ordinary units (ticker: PCX). It operates in the listed investment trust/managed funds sector, targeting income-oriented investors seeking access to private credit markets via a publicly traded vehicle.
Average Trading Volume: 160,988
Technical Sentiment Signal: Strong Buy
For a thorough assessment of PCX stock, go to TipRanks’ Stock Analysis page.