Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has announced the buyback of 100,000 of its ordinary shares at an average price of 76.00 pence per share, which will be held in treasury. Following this transaction, ORIT now holds over 2.7 million treasury shares, with the total number of voting rights in the company being 562,145,130. This move comes as part of the authority granted at the Company’s Annual General Meeting on 19 June 2024.
For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.