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Origin Enterprises Reissues Treasury Shares to Meet Incentive Plan Options

Story Highlights
  • Origin Enterprises reissued 3,500 treasury shares to meet obligations under its 2015 long-term incentive plan.
  • The transaction slightly reduced treasury shares and lifted outstanding ordinary shares to 107,275,073 in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Origin Enterprises Reissues Treasury Shares to Meet Incentive Plan Options

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Origin Enterprises plc ( (GB:OGN) ) has issued an announcement.

Origin Enterprises plc has reissued 3,500 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 shareholding has fallen slightly to 12,466,458, while the number of ordinary shares in issue excluding treasury shares has increased to 107,275,073, modestly adjusting its capital structure but without signalling any broader strategic or operational shift for shareholders.

More about Origin Enterprises plc

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

Find detailed analytics on OGN stock on TipRanks’ Stock Analysis page.

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