tiprankstipranks
International Public Partnerships Acquires 150,000 Own Shares to Bolster Treasury
Company Announcements

International Public Partnerships Acquires 150,000 Own Shares to Bolster Treasury

Story Highlights

Stay Ahead of the Market:

An update from International Public Partnerships Limited ( (GB:INPP) ) is now available.

International Public Partnerships Limited announced the purchase of 150,000 of its ordinary shares on the London Stock Exchange, executed through Deutsche Numis Securities Limited, at a weighted average price of 114.4 GBp per share. These shares will be held in treasury, increasing the company’s total treasury shares to 35,300,000 while maintaining 1,875,943,132 ordinary shares in issue. This transaction reflects the company’s strategic maneuver to manage its share capital, potentially influencing its market positioning and providing insights into its financial strategies.

More about International Public Partnerships Limited

International Public Partnerships Limited (INPP) is a listed infrastructure investment company that focuses on investing in global public infrastructure projects and businesses across sectors such as utilities, transport, education, health, justice, and digital infrastructure. Operating in regions including the UK, Europe, Australia, New Zealand, and North America, INPP aims to address societal and environmental needs while providing shareholders with long-term yield and capital growth. The company is advised by Amber Fund Management Limited, which has a team of approximately 180 staff managing and originating infrastructure investments.

YTD Price Performance: -5.94%

Average Trading Volume: 2,944,725

Technical Sentiment Consensus Rating: Strong Buy

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles