An update from Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) is now available.
Octopus Renewables Infrastructure Trust Plc has repurchased 100,000 of its own ordinary shares at an average price of 65.5 pence per share, as part of the authority granted at its 2024 Annual General Meeting. This transaction increases the total number of shares held in treasury to 11,954,062, impacting the company’s voting rights calculation and potentially influencing shareholder interests.
More about Octopus Renewables Infrastructure Trust Plc
Octopus Renewables Infrastructure Trust Plc operates in the renewable energy sector, focusing on investments in renewable energy assets. The company primarily deals with infrastructure related to renewable energy projects, aiming to provide sustainable energy solutions and contribute to the transition to a low-carbon economy.
YTD Price Performance: -1.50%
Average Trading Volume: 1,047,183
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of ORIT stock, go to TipRanks’ Stock Analysis page.