on Custodian REIT Plc (isin : GB00BJFLFT45)
Custodian Property Income REIT Announces Share Buyback
Custodian Property Income REIT plc, a UK-based real estate investment trust, has announced the successful purchase of 1,300,000 ordinary shares at a price of 77.7 pence each. This transaction, totaling £1,010,100 excluding additional costs, forms part of a previously announced share buyback program. Implemented by Deutsche Numis, the program operates independently during the company’s closed periods.
This buyback increases the company's treasury shares to 2,210,000, while the total number of issued shares stands at 461,568,741, excluding the treasury shares. Custodian Property Income REIT aims to provide a robust income return by investing in smaller regional properties across the UK, targeting institutional-grade tenants for stable revenue streams.
R. H.
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