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International Public Partnerships Buys Back Shares to Boost Market Confidence
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International Public Partnerships Buys Back Shares to Boost Market Confidence

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International Public Partnerships Limited ( (GB:INPP) ) has provided an announcement.

International Public Partnerships Limited has announced the purchase of 150,000 of its own ordinary shares on the London Stock Exchange at a weighted average price of 120.7 GBp per share. These shares will be held in treasury, increasing the total number of treasury shares to 34,550,000. The buy-back indicates a strategic move to consolidate its shareholdings and potentially enhance shareholder value, reflecting confidence in its market position and future growth prospects.

More about International Public Partnerships Limited

International Public Partnerships Limited (INPP) is a listed infrastructure investment company focused on investing in global public infrastructure projects and businesses. It aims to meet societal and environmental needs by investing in a diverse portfolio that includes utility and transmission, transport, education, health, justice, and digital infrastructure projects across the UK, Europe, Australia, New Zealand, and North America. INPP strives to provide its shareholders with long-term yield and capital growth.

YTD Price Performance: -0.50%

Average Trading Volume: 2,936,713

Technical Sentiment Consensus Rating: Buy

For detailed information about INPP stock, go to TipRanks’ Stock Analysis page.

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