Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
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Octopus Renewables Infrastructure Trust plc (ORIT) has strategically repurchased 200,000 of its own ordinary shares for an average price of 75.1 pence each, subsequently holding them in treasury. Post-transaction, ORIT’s treasury contains 2,521,796 shares, and the total number of voting rights stands at 562,405,740. This buyback reflects the company’s use of its shareholder-approved authority to manage share capital and potentially enhance value.
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