Picton Property Income ( (GB:PCTN) ) has issued 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 67.6 pence per share. This transaction reduces the total number of shares in issue to 538,093,433, impacting the voting rights and shareholding calculations for stakeholders 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. The company manages a £737 million commercial property portfolio across 48 assets, focusing on the industrial sector. Picton is known for its occupier-focused, opportunity-led approach and aims to deliver high performance and income returns. It is committed to achieving net zero carbon by 2040.
YTD Price Performance: 10.38%
Average Trading Volume: 450
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $467.9M
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