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Origin Enterprises Reissues Treasury Shares to Satisfy Long-Term Incentive Plan Options

Story Highlights
  • Origin Enterprises reissued 2,611 treasury shares to meet exercised options under its 2015 Long-Term Incentive Plan.
  • The transaction slightly reduced treasury holdings and leaves 107,277,684 ordinary shares in issue excluding treasury shares.
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Origin Enterprises Reissues Treasury Shares to Satisfy Long-Term Incentive Plan Options

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Origin Enterprises plc ( (GB:OGN) ) has shared an update.

Origin Enterprises plc has reissued 2,611 treasury shares to satisfy the exercise of share options granted under its 2015 Long-Term Incentive Plan, a routine move reflecting ongoing implementation of its executive and employee remuneration structures. Following this transfer, the company’s treasury shareholding has decreased to 12,463,847, while the total number of ordinary shares in issue excluding treasury shares stands at 107,277,684, representing a minor adjustment to its capital structure with limited immediate impact for shareholders.

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 improve land productivity. The Group holds leading market positions in Ireland, the United Kingdom, Brazil, Poland and Romania, and is listed on Euronext Growth Dublin and the AIM market of the London Stock Exchange.

For detailed information about OGN stock, go to TipRanks’ Stock Analysis page.

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