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DORE Repurchases Shares to Reinforce Market Position

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

Downing Renewables & Infrastructure Trust plc has repurchased 40,000 of its own shares, which will be held in treasury. This action results in 171,151,178 shares with voting rights circulating in the market, allowing shareholders to calculate interest notifications as per FCA guidelines. The company’s strategic focus on sustainability and renewable energy continues to underpin its market activities.

More about Downing Renewables & Infrastructure Trust Plc

DORE is a closed-end investment trust focused on renewable energy and infrastructure assets in the UK and Northern Europe. It aims to provide sustainable income and capital growth for investors and is recognized with the London Stock Exchange’s Green Economy Mark. Managed by Downing LLP, the company emphasizes diversification and climate change mitigation through its investments.

YTD Price Performance: 14.29%

Average Trading Volume: 257,914

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £150.6M

For detailed information about DORE stock, go to TipRanks’ Stock Analysis page.

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