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Octopus Renewables Infrastructure Trust Plc Acquires Own Shares for Treasury

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Octopus Renewables Infrastructure Trust Plc Acquires Own Shares for Treasury

An update from Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) is now available.

Octopus Renewables Infrastructure Trust Plc announced the purchase of 150,000 ordinary shares at an average price of 63.84 pence per share, which will be held in treasury. This transaction reflects the company’s strategic approach to managing its share capital and may impact the calculation of voting rights for shareholders, aligning with the FCA’s Disclosure Guidance and Transparency Rules.

More about Octopus Renewables Infrastructure Trust Plc

Octopus Renewables Infrastructure Trust Plc operates in the renewable energy sector, focusing on investments in renewable energy assets. The company is dedicated to advancing sustainable energy solutions and enhancing its portfolio to support the transition to a low-carbon economy.

YTD Price Performance: -3.76%

Average Trading Volume: 1,197,282

Technical Sentiment Consensus Rating: Buy

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

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