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Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ) has shared an update.
Downing Renewables & Infrastructure Trust plc announced the purchase of 250,000 of its own ordinary shares at an average price of 81.69 pence per share, which will be held in treasury. This transaction affects the company’s share capital, leaving 170,311,600 ordinary shares in circulation with voting rights. This move may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Downing Renewables & Infrastructure Trust Plc
Downing Renewables & Infrastructure Trust plc (DORE) is a closed-end investment trust that invests in a diversified portfolio of renewable energy and infrastructure assets in the UK and Northern Europe. The company aims to provide investors with sustainable income and capital growth, contributing to the global ‘Green Economy’. Managed by Downing LLP, DORE focuses on accelerating the transition to net zero through its investments.
YTD Price Performance: 9.42%
Average Trading Volume: 184,074
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £139.5M
For an in-depth examination of DORE stock, go to TipRanks’ Stock Analysis page.