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DORE Acquires Own Shares to Enhance Capital Management

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DORE Acquires Own Shares to Enhance Capital Management

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

Downing Renewables & Infrastructure Trust Plc announced the purchase of 50,000 of its own ordinary shares, which will be held in treasury. This transaction affects the total voting rights, now standing at 171,191,178 shares in circulation. This move is part of DORE’s strategy to manage its share capital effectively, potentially impacting shareholder calculations under FCA rules and reflecting the company’s focus on stability and sustainable growth.

More about Downing Renewables & Infrastructure Trust Plc

Downing Renewables & Infrastructure Trust Plc (DORE) is a closed-end investment trust focused on providing sustainable income and capital growth through investments in renewable energy and infrastructure assets in the UK and Northern Europe. The company has received recognition for its contributions to the green economy, including the Green Economy Mark from the London Stock Exchange and the Renewables Fund of the Year award.

YTD Price Performance: 14.29%

Average Trading Volume: 232,901

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £150.7M

Find detailed analytics on DORE stock on TipRanks’ Stock Analysis page.

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