Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ) has issued an update.
Downing Renewables & Infrastructure Trust Plc announced the purchase of 187,336 of its own ordinary shares, which will be held in treasury. This transaction affects the company’s share capital and voting rights, with 170,124,264 shares now in circulation. The move is part of DORE’s ongoing strategy to manage its capital structure effectively, impacting shareholder calculations under FCA rules.
More about Downing Renewables & Infrastructure Trust Plc
Downing Renewables & Infrastructure Trust Plc (DORE) is a closed-end investment trust focusing on renewable energy and infrastructure assets in the UK and Northern Europe. It aims to provide sustainable income and capital growth while contributing to climate change mitigation. Managed by Downing LLP, the company is recognized for its commitment to the green economy and has a diversified strategy to ensure stable revenues.
YTD Price Performance: 4.93%
Average Trading Volume: 191,781
Technical Sentiment Signal: Strong Buy
Current Market Cap: £135.2M
Learn more about DORE stock on TipRanks’ Stock Analysis page.