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The latest update is out from Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ).
Downing Renewables & Infrastructure Trust Plc announced the purchase of 227,000 of its own ordinary shares, which will be held in Treasury. This transaction adjusts the total number of shares with voting rights to 170,561,600. This move is part of the company’s strategy to manage its share capital effectively, potentially impacting shareholder calculations under FCA rules.
More about Downing Renewables & Infrastructure Trust Plc
DORE is a closed-end investment trust focused on providing investors with sustainable income and capital growth through a diversified portfolio of renewable energy and infrastructure assets in the UK and Northern Europe. The company is recognized for its contribution to the global Green Economy and aims to accelerate the transition to net zero.
YTD Price Performance: 9.55%
Average Trading Volume: 195,915
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £141.8M
Find detailed analytics on DORE stock on TipRanks’ Stock Analysis page.