Octopus Renewables Strengthens Position with Share Buyback
Company Announcements

Octopus Renewables Strengthens Position with Share Buyback

Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.

Octopus Renewables Infrastructure Trust Plc has repurchased 44,894 of its ordinary shares at an average price of 77.15 pence per share, in line with its buyback program. These shares will be held in treasury, contributing to a total of 4.5 million shares held and a total of 560.4 million voting rights available. This strategic move aims to manage the company’s capital more effectively and potentially enhance shareholder value.

For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.

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