20th Jul 2025 11:45
Custodian Property Income REIT - Leicester-based investor in smaller regional UK properties - On Thursday, announced intention to start share buyback programme for a total of up to GBP5 million. The company says it believes its current share price materially undervalues its portfolio, including the security and quality of income offered via the fully covered dividend. Custodian Property has instructed its corporate broker Deutsche Bank AG to buy back ordinary shares on its behalf.
Current stock price: 81.30 pence each; market capitalisation GBP377.1 million
12-month change: up 5.9%
By Tom Budszus, Alliance News slot editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Cust Prop Inc