Custodian Property Income REIT Executes Share Buyback

Custodian Property Income REIT plc, listed on the London Stock Exchange, has announced the buyback of 24,405 ordinary shares at 78.0 pence per share. The total transaction value stands at £19,045, excluding additional costs. This acquisition is part of a previously announced share buyback programme operated by Deutsche Bank AG. The programme targets a reduction in share count, aiming for a discount to dividend-adjusted NAV per share.

Overall, the company has repurchased 4,735,407 shares under this programme, with a total expenditure of £3.7 million. The weighted average cost per share is 78.5 pence. Following the latest transaction, Custodian REIT holds a total of 4,735,407 shares in treasury with 460,267,735 shares remaining in circulation.