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Downing Renewables & Infrastructure Trust Plc Announces Share Repurchase
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Downing Renewables & Infrastructure Trust Plc Announces Share Repurchase

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

Downing Renewables & Infrastructure Trust Plc has announced the repurchase of 30,000 of its own ordinary shares, which will be held in treasury. This transaction adjusts the total number of voting shares in circulation to 171,407,889, impacting shareholder calculations under FCA guidelines. The move is part of DORE’s broader strategy to manage its capital and enhance shareholder value.

More about 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 and capital growth while contributing to climate change mitigation. Managed by Downing LLP, it is recognized for its commitment to the Green Economy and has a diverse portfolio designed for stability and income consistency.

YTD Price Performance: -8.12%

Average Trading Volume: 421,294

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £132M

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

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