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Octopus Renewables Infrastructure Trust Plc Repurchases Shares for Treasury
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Octopus Renewables Infrastructure Trust Plc Repurchases Shares for Treasury

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The latest update is out from Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ).

Octopus Renewables Infrastructure Trust Plc has repurchased 350,000 of its ordinary shares to be held in treasury, following the authorization from its Annual General Meeting in June 2024. This transaction affects the total number of voting rights, which now stands at 556,923,156, and may influence shareholder calculations regarding voting interests, reflecting the company’s active management of its capital structure.

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 primarily deals with infrastructure assets that generate renewable electricity, contributing to a sustainable energy future.

YTD Price Performance: -18.91%

Average Trading Volume: 987,192

Technical Sentiment Consensus Rating: Buy

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

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