M&G Credit Income Investment Trust Plc (GB:MGCI) has released an update.
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M&G Credit Income Investment Trust Plc has announced the sale of 100,000 treasury shares at a premium, with the price set at 96.40 pence per share, bringing the total number of ordinary shares in circulation to 141,394,239, excluding shares held in treasury. This move may influence shareholders’ notification requirements under the FCA’s rules. The sale aligns with the company’s ongoing strategy to manage its share capital and provide liquidity.
For further insights into GB:MGCI stock, check out TipRanks’ Stock Analysis page.
