Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
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Octopus Renewables Infrastructure Trust plc (ORIT) has announced the buyback of 100,000 of its own ordinary shares at an average price of 79.50 pence per share, which will be held in treasury. Following the transaction, ORIT holds over 2.9 million shares in treasury, with the total number of voting rights in the company now standing at 562,015,130. This move is part of the authority granted by shareholders at the company’s annual meeting on June 19, 2024.
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