on Custodian REIT Plc (isin : GB00BJFLFT45)
Custodian Property Income REIT Executes Share Buyback
Custodian Property Income REIT, listed on the London Stock Exchange, has announced the acquisition of 250,000 ordinary shares at 80.3 pence each. The purchase, totaling £200,831, represents an 18.4% discount to the dividend-adjusted net asset value. This transaction is part of an ongoing share buyback program, intended to manage the company's capital structure.
The shares will be retained as treasury stock, bringing the total treasury holdings to 6,795,732 shares while the company maintains 488,317,079 ordinary shares in issue. This initiative is managed independently by Deutsche Bank AG and aligns with Custodian's strategy of enhancing shareholder value.
R. E.
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