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Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ) has shared an update.
Downing Renewables & Infrastructure Trust Plc (DORE) announced a repurchase of 44,000 of its own ordinary shares, which will be held in Treasury. This move adjusts the company’s voting shares in circulation to 171,241,178 and allows shareholders to calculate their interest under FCA’s rules. The share buyback may impact company operations by potentially increasing share value and altering shareholder dynamics.
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. The company aims to provide sustainable income with capital growth, contributing to climate change mitigation. It has received recognition in the Green Economy and has been awarded for its focus on renewable energy investments.
YTD Price Performance: 15.58%
Average Trading Volume: 233,094
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £152.4M
For a thorough assessment of DORE stock, go to TipRanks’ Stock Analysis page.
