The latest update is out from Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ).
Octopus Renewables Infrastructure Trust Plc has repurchased 200,000 of its own ordinary shares at an average price of 63.9 pence per share, as authorized at its Annual General Meeting. This transaction increases the total number of shares held in treasury to 12,154,062, impacting the company’s voting rights calculations 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 infrastructure. The company is involved in acquiring and managing a diversified portfolio of renewable energy assets, primarily in the UK and Europe, to generate sustainable returns for its stakeholders.
YTD Price Performance: -5.26%
Average Trading Volume: 1,097,933
Technical Sentiment Signal: Buy
For detailed information about ORIT stock, go to TipRanks’ Stock Analysis page.