Picton Property Income ( (GB:PCTN) ) has shared an update.
Picton Property Income Limited has repurchased and canceled 200,000 of its ordinary shares, as part of its strategy to manage its capital structure. This transaction, conducted through the London Stock Exchange, reflects Picton’s ongoing efforts to optimize shareholder value and maintain its position as a leading diversified UK REIT.
More about Picton Property Income
Established in 2005, Picton Property Income Limited is a UK-based Real Estate Investment Trust (REIT) listed on the London Stock Exchange. The company manages a £737 million commercial property portfolio across 48 assets with around 350 occupiers. Picton is focused on delivering strong performance through an occupier-focused, opportunity-led approach, and aims to achieve net zero carbon by 2040.
YTD Price Performance: 19.24%
Average Trading Volume: 450
Technical Sentiment Signal: Strong Sell
Current Market Cap: $500M
Find detailed analytics on PCTN stock on TipRanks’ Stock Analysis page.