Picton Property Income ( (GB:PCTN) ) just unveiled an announcement.
Picton Property Income Limited has announced the purchase and cancellation of 200,000 of its Ordinary Shares, executed through Stifel Nicolaus Europe Limited on the London Stock Exchange. This transaction reduces the total number of shares in issue to 537,432,482, impacting the company’s voting rights and potentially affecting shareholder interests. This move reflects Picton’s strategic approach to managing its share capital and enhancing shareholder value.
More about Picton Property Income
Picton Property Income Limited, established in 2005, is a UK-based Real Estate Investment Trust (REIT) listed on the London Stock Exchange. The company owns and manages a £737 million UK commercial property portfolio, focusing on industrial sectors, and aims to deliver superior income returns and capital growth. Picton is committed to achieving net zero carbon by 2040.
YTD Price Performance: 16.08%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $488.9M
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