Creative Media & Comm Says Explored Sale of Several High-Quality Assets to Improve Its Common Equity Ratio
Portfolio Pulse from Benzinga Newsdesk
Creative Media & Community Trust (CMCT) has explored the sale of several high-quality assets to improve its common equity ratio. This move is aimed at strengthening its financial position.

September 16, 2024 | 12:58 pm
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Creative Media & Community Trust (CMCT) is considering selling high-quality assets to improve its common equity ratio, which could strengthen its financial position.
The potential sale of high-quality assets by CMCT is a strategic move to improve its common equity ratio. This could lead to a stronger financial position, which is generally positive for the company's stock price in the short term.
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