DORE Announces Share Buyback to Optimize Capital Structure

Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ) has provided an announcement.

On 10 February 2025, DORE announced the purchase of 20,000 of its own ordinary shares at an average price of 88.00 pence per share, which will be held in treasury. This transaction affects the company’s share capital, leaving 171,131,178 voting shares in circulation. Shareholders may use this figure for determining their interest in the company under regulatory rules. This move might reflect DORE’s strategic approach to managing its share capital and maintaining shareholder value.

More about Downing Renewables & Infrastructure Trust Plc

Downing Renewables & Infrastructure Trust Plc (DORE) is a closed-end investment trust focused on providing investors with sustainable income and capital growth by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK and Northern Europe. It has been recognized with the London Stock Exchange’s Green Economy Mark and won ‘Renewables Fund of the Year’ at the Sustainable Investment Awards in 2022. The company is managed by Downing LLP, which has extensive experience in the renewables sector and manages over £2.0 billion of assets.

YTD Price Performance: 14.29%

Average Trading Volume: 256,280

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £150.6M

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