Origin Enterprises plc (GB:OGN) has released an update.
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Origin Enterprises plc has recently bought back 20,000 of its own shares at prices ranging between €3.3550 and €3.4000 per share, as part of its €20 million share repurchase plan. This transaction, executed through Goodbody Stockbrokers UC on Euronext Dublin, is aimed at reducing the number of shares in issue and hence potentially increasing the value of remaining shares. The repurchased shares will be held as treasury shares, with their fate, whether cancellation or re-issue, to be determined in the future.
For further insights into GB:OGN stock, check out TipRanks’ Stock Analysis page.