News Insights

Dunedin Income Growth Investment Trust Plc (DIG) has recently undertaken several share buybacks, purchasing a total of 642,220 ordinary shares between February 6 and February 12, 2025. The shares were bought at prices ranging from approximately 282.24 pence to 283.25 pence each, and will be held in treasury. Following these transactions, the company's share capital now comprises 134,021,263 issued ordinary shares excluding treasury shares and 19,656,672 shares held in treasury, totaling 153,677,935 issued shares.

In addition to the share buybacks, Dunedin Income Growth has reported its net asset values (NAVs) for various dates in February. As of February 11, 2025, the undiluted NAV excluding income was reported at 307.06 pence per share, and including income at 311.77 pence. On February 10, the reported NAV figures were slightly higher at 308.00 pence excluding income and 312.71 pence including income. The company’s net gearing ratio has been indicated at 11.5% based on debt at par, showing a solid financial positioning while maintaining a consistent strategy of share repurchase to enhance shareholder value.