Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has announced the repurchase of 106,000 of its own ordinary shares at an average price of 74.30 pence per share, which will be held in treasury. Following the transaction, the total number of voting rights in the company stands at 563,370,700. This buyback reflects the company’s use of its shareholder-approved authority to trade in its own shares.
For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.