Picton Property Income ( (GB:PCTN) ) has issued an update.
Picton Property Income Limited has repurchased and cancelled 100,000 of its ordinary shares, traded on the London Stock Exchange, at an average price of 72.2 pence per share. This transaction reduces the total number of shares in issue to 536,100,000, impacting shareholder voting rights and potentially affecting shareholder interest notifications under regulatory guidelines.
More about Picton Property Income
Established in 2005, Picton Property Income Limited is a UK-based company listed on the London Stock Exchange. It manages a £737 million commercial property portfolio, focusing on diversified investments across 48 assets with around 350 occupiers. The company aims to be a top-performing UK REIT, emphasizing an occupier-focused and opportunity-led approach, with a strategic inclination towards the industrial sector. Picton is committed to achieving net zero carbon by 2040.
YTD Price Performance: 19.24%
Average Trading Volume: 450
Technical Sentiment Signal: Strong Sell
Current Market Cap: $500M
For an in-depth examination of PCTN stock, go to TipRanks’ Stock Analysis page.