Picton Property Income ( (GB:PCTN) ) has provided an update.
Picton Property Income Limited has repurchased and canceled 200,000 of its Ordinary Shares, traded on the London Stock Exchange, at an average price of 72.6 pence per share. This transaction reduces the total number of shares in issue to 536,200,000, impacting shareholder calculations under the Financial Conduct Authority’s rules.
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. It manages a £737 million commercial property portfolio with a focus on the industrial sector, aiming for consistent outperformance and income returns. Picton is committed to a net zero carbon goal by 2040.
YTD Price Performance: 17.59%
Average Trading Volume: 450
Technical Sentiment Signal: Strong Sell
Current Market Cap: $494.2M
Learn more about PCTN stock on TipRanks’ Stock Analysis page.