International Public Partnerships Boosts Treasury Shareholding

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

International Public Partnerships Limited announced the purchase of 150,000 ordinary shares on the London Stock Exchange, with the intention to hold them in treasury. This transaction takes the company’s total treasury-held shares to 36.5 million, while the total shares in issue remain at approximately 1.875 billion. By increasing its treasury shares, INPP potentially enhances its financial flexibility and shareholder value, which might positively influence its market positioning.

More about International Public Partnerships Limited

International Public Partnerships Limited (INPP) is a listed infrastructure investment company focused on global public infrastructure projects and businesses that address societal and environmental needs. The company’s portfolio includes over 140 projects in sectors such as utilities, transport, education, health, justice, and digital infrastructure across the UK, Europe, Australia, New Zealand, and North America. INPP aims to deliver long-term yield and capital growth to its shareholders, with Amber Fund Management Limited serving as its investment adviser.

YTD Price Performance: -8.58%

Average Trading Volume: 3,189,800

Technical Sentiment Consensus Rating: Buy

Learn more about INPP stock on TipRanks’ Stock Analysis page.