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Greencoat Renewables Cancels 242,136 Shares Under Ongoing Buyback

Story Highlights
  • Greencoat Renewables repurchased 242,136 ordinary shares in Dublin on 21 May 2026 as part of its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing the company’s free float to about 1.09 billion shares and modestly supporting capital management for investors.
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Meet Samuel – Your Personal Investing Prophet

Greencoat Renewables Plc ( (DE:GRP) ) just unveiled an update.

Greencoat Renewables has continued its previously announced share buyback programme by repurchasing 242,136 ordinary shares on Euronext Dublin on 21 May 2026 at prices between €0.7780 and €0.7850, with a volume-weighted average price of €0.7802. The shares will be cancelled, leaving the company with 1,091,436,067 ordinary shares in issue excluding 200,000 held in treasury, a move that marginally reduces the free float and may be supportive of earnings per share and capital management objectives for existing investors.

More about Greencoat Renewables Plc

Greencoat Renewables PLC is a listed renewable energy investment company focused on owning and operating wind and other renewable power assets, with its shares traded on Euronext Dublin. The company provides investors with exposure to stable, long-term income streams from contracted renewable electricity generation across its portfolio.

For detailed information about GRP stock, go to TipRanks’ Stock Analysis page.

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