Octopus Renewables Infrastructure Trust Plc Executes Share Buyback

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Octopus Renewables Infrastructure Trust Plc Executes Share Buyback

Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has issued an announcement.

Octopus Renewables Infrastructure Trust Plc announced the repurchase of 116,091 ordinary shares at an average price of 65.49 pence per share, which will be held in treasury. This transaction, authorized at the company’s 2024 Annual General Meeting, adjusts the total number of voting rights to 553,323,474, impacting shareholder calculations in line with FCA guidelines.

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 is committed to advancing sustainable energy solutions and expanding its portfolio of renewable energy projects.

YTD Price Performance: -1.65%

Average Trading Volume: 1,038,617

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of ORIT stock, go to TipRanks’ Stock Analysis page.

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