News Insights

In recent developments, Dunedin Income Growth Investment Trust Plc (DIG) has been active in repurchasing its ordinary shares, emphasizing its ongoing strategy of managing share capital effectively. Throughout the reporting period from January 27 to February 3, 2025, the company purchased a total of 422,352 ordinary shares across multiple transactions. The prices for these transactions varied, with the average cost per share ranging from approximately 276.54 pence to 285.28 pence. Following these purchases, the total number of issued ordinary shares (excluding treasury shares) stands at 134,949,033, with an additional 18,728,902 shares held in treasury.

Moreover, DIG announced updates regarding its Net Asset Values (NAVs), which provide important insight into the company's financial performance. As of January 30, 2025, the unaudited NAV excluding income was reported at 309.27 pence per share, while the NAV including income was at 317.19 pence per share, reflecting the fund's solid performance in a tough market environment. Additionally, the company has appointed Arun Kumar Sarwal as an independent non-executive director, effective February 1, 2025, bringing a wealth of experience from his extensive career in global equities and fund management. This appointment, along with the recent share buybacks, demonstrates DIG's commitment to enhancing shareholder value and strategic governance.