Added to YB: 2026-04-29
Pitch date: 2026-04-24
PCA.L [neutral]
Palace Capital Plc
+0.89%
current return
Author Info
No bio for this author
Company Info
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector.
Market Cap
GBP 33.7M
Pitch Price
GBP 1.69
Price Target
N/A
Dividend
8.82%
EV/EBITDA
N/A
P/E
18.12
EV/Sales
3.17
Sector
Office REITs
Category
special_situation
Theodosian Capital | Stocks Update 24/4/2026 - PCA – Buybacks
PCA.L (update): Repurchased 700k shares (3.5% of float) at 173p & 169.75p, below NAV. Mgmt has authorization for 4.33m share buyback from Jun'25 AGM; expect more opportunistic repurchases as monetization strategy continues. Portfolio down to 3 offices (1 under offer), 1 leisure, 8 apts (3 under offer, 1 sold), 1 ground rent. Targeting completion by end of CY26; mid-Jun interim results should clarify timing.
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