Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has shared an update.
Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 64.25 pence per share, as authorized at its 2024 Annual General Meeting. This transaction increases the company’s treasury shares to 12,204,062, impacting the total voting rights available to shareholders, which now stands at 552,723,474. This move may influence shareholder calculations and reflects the company’s strategic financial management.
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 projects that generate clean energy, aiming to contribute to the transition towards sustainable energy solutions.
YTD Price Performance: -4.06%
Average Trading Volume: 1,061,859
Technical Sentiment Signal: Buy
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