Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
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Octopus Renewables Infrastructure Trust plc has strategically repurchased 100,000 of its own ordinary shares for an average price of 79.45 pence each, a move that places these shares into treasury. After the transaction, the total number of voting rights in the company stands at 561,915,130. This financial maneuver is part of the company’s capital management efforts following the authority granted at their Annual General Meeting.
For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.