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Downing Renewables Acquires Own Shares for Treasury
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Downing Renewables Acquires Own Shares for Treasury

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

Downing Renewables & Infrastructure Trust Plc has announced the purchase of 66,887 of its own ordinary shares, to be held in Treasury, which will adjust the total voting rights for shareholders. This transaction is part of DORE’s strategic approach to managing its share capital and enhancing shareholder value, reflecting its ongoing commitment to sustainable investment and consistent income generation in the renewable energy sector.

More about Downing Renewables & Infrastructure Trust Plc

Downing Renewables & Infrastructure Trust Plc (DORE) is a closed-end investment trust focused on providing investors with sustainable income and capital growth by investing in 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 facilitate the transition to net zero through its diversified investment strategy. Managed by Downing LLP, an experienced investment manager in the renewables sector, DORE targets diversification across geography, technology, revenue, and project stages to ensure stable and consistent returns for shareholders.

YTD Price Performance: 12.21%

Average Trading Volume: 226,004

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £148M

For a thorough assessment of DORE stock, go to TipRanks’ Stock Analysis page.

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