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International Public Partnerships Limited ( (GB:INPP) ) has issued an update.
International Public Partnerships Limited has purchased 500,000 of its own ordinary shares at a weighted average price of 114.2 GBp on the London Stock Exchange, intending to hold them in treasury. This transaction increases the company’s treasury shares to 38,750,000 and reflects a strategic move to manage its share capital, potentially impacting shareholder value and market perception.
More about International Public Partnerships Limited
International Public Partnerships Limited (INPP) is a listed infrastructure investment company that focuses on global public infrastructure projects and businesses. The company invests in sectors like utility and transmission, transport, education, health, justice, and digital infrastructure across the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide long-term yields and capital growth to its shareholders while addressing societal and environmental needs.
YTD Price Performance: -6.93%
Average Trading Volume: 3,304,402
Technical Sentiment Consensus Rating: Buy
Learn more about INPP stock on TipRanks’ Stock Analysis page.