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DORE Announces Purchase of Own Shares to Boost Shareholder Value
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DORE Announces Purchase of Own Shares to Boost Shareholder Value

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An announcement from Downing Renewables & Infrastructure Trust Plc ( (GB:DORE) ) is now available.

Downing Renewables & Infrastructure Trust plc has announced the purchase of 20,000 of its own shares to be held in Treasury, resulting in 171,507,889 shares with voting rights currently in circulation. This move reflects the company’s strategy to manage its share capital and could potentially enhance shareholder value by consolidating its share base.

More about Downing Renewables & Infrastructure Trust Plc

Downing Renewables & Infrastructure Trust plc (DORE) is a closed-end investment trust focused on sustainable investments in renewable energy and infrastructure assets across the UK and Northern Europe. Recognized for its contributions to the ‘Green Economy,’ DORE aims to provide investors with a stable income and potential capital growth while accelerating the transition to net zero. Managed by Downing LLP, the trust benefits from a diverse portfolio strategy and a strong track record in renewable energy investments.

YTD Price Performance: -8.13%

Average Trading Volume: 420,265

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £132.1M

For an in-depth examination of DORE stock, go to TipRanks’ Stock Analysis page.

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