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Origin Enterprises Re-Issues Treasury Shares to Satisfy LTIP Options

Story Highlights
  • Origin Enterprises re-issued 5,000 treasury shares to meet options under its long-term incentive plan.
  • Treasury shares fell to 12,469,958, lifting ordinary shares in issue to 107,271,573 overall.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Origin Enterprises Re-Issues Treasury Shares to Satisfy LTIP Options

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The latest update is out from Origin Enterprises plc ( (GB:OGN) ).

Origin Enterprises plc has re-issued 5,000 treasury shares to satisfy the exercise of share options granted under its 2015 Long-Term Incentive Plan, a routine capital markets transaction linked to executive and employee remuneration. Following this transfer, the company’s treasury share balance has decreased to 12,469,958, while the number of ordinary shares in issue excluding treasury shares has risen to 107,271,573, slightly increasing the free float and reflecting ongoing use of equity-based incentives without materially altering its overall capital structure.

More about Origin Enterprises plc

Origin Enterprises plc is an international agribusiness focused on sustainable agriculture and land use, providing technically-led solutions that help customers optimise and enrich their land. The Group holds leading market positions in Ireland, the United Kingdom, Brazil, Poland and Romania, and its shares are traded on Euronext Growth Dublin and the AIM market of the London Stock Exchange.

See more data about OGN stock on TipRanks’ Stock Analysis page.

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