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Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has issued an announcement.
Octopus Renewables Infrastructure Trust Plc has repurchased 94,000 of its own ordinary shares, holding them in treasury, as part of its ongoing strategy to manage share capital effectively. This move affects the company’s total voting rights, providing shareholders with updated figures for calculating their interests, reflecting the company’s proactive approach in optimizing its capital structure.
More about Octopus Renewables Infrastructure Trust Plc
Octopus Renewables Infrastructure Trust Plc (ORIT) operates in the renewable energy sector, focusing on investments in renewable energy assets. The company is part of the broader effort to transition towards sustainable energy sources, aiming to provide stable, long-term returns to shareholders through its investments in renewable infrastructure.
YTD Price Performance: -4.56%
Average Trading Volume: 1,165,653
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on ORIT stock on TipRanks’ Stock Analysis page.