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Octopus Renewables Reacquires 250,000 Shares, Adjusts Voting Rights

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Octopus Renewables Reacquires 250,000 Shares, Adjusts Voting Rights

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Octopus Renewables Infrastructure Trust Plc ( (GB:ORIT) ) has issued an announcement.

Octopus Renewables Infrastructure Trust Plc has repurchased 250,000 of its own ordinary shares at an average price of 68.50 pence per share, in line with the authority granted at its last Annual General Meeting. This transaction results in the company holding nearly 10 million shares in treasury and adjusts the total number of voting rights to 554,933,774, affecting shareholder calculations under the FCA’s 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 infrastructure assets. The company is involved in the acquisition and management of sustainable energy projects to contribute to the transition towards a low-carbon economy.

YTD Price Performance: 0.29%

Average Trading Volume: 1,232,572

Technical Sentiment Consensus Rating: Buy

See more insights into ORIT stock on TipRanks’ Stock Analysis page.

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