Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has shared an announcement.
Octopus Renewables Infrastructure Trust Plc has repurchased 25,000 of its own ordinary shares at an average price of 65.5 pence per share, as authorized by its Annual General Meeting. This transaction, which results in the company holding over 11 million shares in treasury, impacts the total voting rights available to shareholders, aligning with the company’s strategic financial management and shareholder value enhancement efforts.
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 investments, aiming to generate sustainable energy solutions and contribute to the transition towards a low-carbon economy.
YTD Price Performance: -1.05%
Average Trading Volume: 1,032,952
Technical Sentiment Consensus Rating: Buy
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