Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Octopus Renewables Infrastructure Trust plc (ORIT) has recently bought back 3,048 of its own ordinary shares at an average price of 74.50 pence per share, which will now be held in treasury. Post-transaction, ORIT’s treasury holds 1,450,836 shares, leaving the total voting rights tally at 563,476,700. This buyback is part of the company’s strategy as authorized in the last Annual General Meeting.
For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.