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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 at an average price of 78.00 pence per share, which will be held in treasury. This transaction adjusts the company’s voting shares to 171,387,889, impacting shareholder calculations for interest notification under the FCA’s rules. This strategic move aligns with DORE’s objective to stabilize revenues and ensure consistent income for its shareholders, reinforcing its market positioning in the renewable energy sector.
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 primarily in the UK and Northern Europe. The company aims to provide sustainable income and capital growth, contributing to the global Green Economy. Managed by Downing LLP, an experienced investment manager in the renewables sector, DORE has been recognized for its efforts in climate change mitigation.
YTD Price Performance: -7.41%
Average Trading Volume: 350,179
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £133M
See more data about DORE stock on TipRanks’ Stock Analysis page.
