tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Picton Property Income Cancels 333,154 Ordinary Shares in Financial Move

Story Highlights
  • Picton has repurchased and canceled 333,154 Ordinary Shares at an average price of 73.6 pence.
  • The transaction leaves Picton with 515,000,000 Ordinary Shares in issue, affecting voting rights calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Picton Property Income Cancels 333,154 Ordinary Shares in Financial Move

Claim 50% Off TipRanks Premium and Invest with Confidence

Picton Property Income ( (GB:PCTN) ) has shared an update.

Picton Property Income Limited has repurchased and canceled 333,154 of its Ordinary Shares at an average price of 73.6 pence per share on 17 December 2025. Following this transaction, the company’s total Ordinary Shares in issue stand at 515,000,000, which impacts the total voting rights available to shareholders and aligns with the company’s strategic financial management practices aimed at optimizing value for stakeholders.

The most recent analyst rating on (GB:PCTN) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on Picton Property Income stock, see the GB:PCTN Stock Forecast page.

Spark’s Take on GB:PCTN Stock

According to Spark, TipRanks’ AI Analyst, GB:PCTN is a Neutral.

Picton Property Income’s overall stock score is primarily supported by its strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, financial performance is mixed, with strong profitability offset by revenue and cash flow volatility. Technical indicators are neutral, providing no clear directional bias.

To see Spark’s full report on GB:PCTN stock, click here.

More about Picton Property Income

Picton Property Income Limited is a UK-based Real Estate Investment Trust (REIT) established in 2005, listed on the London Stock Exchange, and included in multiple EPRA indices. The company actively manages a £695 million commercial property portfolio of 46 assets with around 300 occupiers, primarily weighted towards the industrial sector. Picton focuses on delivering strong performance in income returns and capital growth, adopting a responsible approach to business with a commitment to achieving net zero carbon by 2040.

Average Trading Volume: 1,017,448

Technical Sentiment Signal: Buy

Current Market Cap: £370.3M

For detailed information about PCTN stock, go to 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
1