Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has strategically repurchased 200,000 of its own ordinary shares for an average price of 75.1 pence each, subsequently holding them in treasury. Post-transaction, ORIT’s treasury contains 2,521,796 shares, and the total number of voting rights stands at 562,405,740. This buyback reflects the company’s use of its shareholder-approved authority to manage share capital and potentially enhance value.
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