Picton Property Income ( (GB:PCTN) ) just unveiled an announcement.
Picton Property Income Limited has repurchased and cancelled 100,000 of its ordinary shares, trading 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 535,800,000, impacting shareholder voting rights and potentially enhancing shareholder value by increasing earnings per share.
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. It manages a £737 million commercial property portfolio across 48 assets with around 350 occupiers. The company focuses on delivering high performance and income returns, particularly in the industrial sector, and aims to achieve net zero carbon by 2040.
YTD Price Performance: 13.65%
Average Trading Volume: 450
Technical Sentiment Signal: Strong Sell
Current Market Cap: $479.9M
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