Origin Enterprises plc (GB:OGN) has released an update.
Origin Enterprises plc has recently bought back 28,731 of its own shares on Euronext Dublin as part of its €20 million share buyback program, announced in November 2023. The shares were purchased at prices ranging from €3.0550 to €3.1000, with the intention of holding them in treasury until their eventual cancellation or re-issue. This strategic move will adjust the total number of shares in issue and is a significant step in the company’s efforts to manage capital effectively.
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