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Greencoat Renewables Plc ( (DE:GRP) ) has issued an announcement.
Greencoat Renewables has repurchased 307,311 ordinary shares on Euronext Dublin on 8 April 2026, paying a volume-weighted average price of €0.7557 per share, with prices ranging between €0.7510 and €0.7600. The shares, acquired through broker J&E Davy, will be cancelled as part of the company’s ongoing share buyback programme launched in early March.
Following this latest transaction, Greencoat Renewables now holds 200,000 ordinary shares in treasury and has 1,102,947,431 ordinary shares in issue, excluding treasury stock. The continued execution of the buyback underscores management’s focus on capital return and balance-sheet efficiency, which may support earnings per share and signal confidence in the company’s valuation 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. The company targets stable, long-term income from contracted or regulated electricity generation, giving investors exposure to the European energy transition and decarbonisation of power markets.
Learn more about GRP stock on TipRanks’ Stock Analysis page.