Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has announced the repurchase of 200,000 of its own ordinary shares at 74.50 pence each, a move made under the authorization from its Annual General Meeting on 19 June 2024. Following the transaction, ORIT now holds over 2 million shares in treasury, with the total voting rights in the company standing at 562,855,740. The repurchase reflects the company’s ongoing capital management strategy and may impact shareholders’ percentage of voting rights.
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