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The latest update is out from International Public Partnerships Limited ( (GB:INPP) ).
International Public Partnerships Limited has repurchased 150,000 of its ordinary shares on the London Stock Exchange through Deutsche Numis Securities Limited, with a weighted average price of 119.7 GBp per share. The purchased shares will be held in treasury, increasing its total treasury shares to 33,150,000, out of 1,878,093,132 ordinary shares in issue, a move that can potentially enhance shareholder value and optimize capital management.
More about International Public Partnerships Limited
International Public Partnerships Limited (INPP) is a listed infrastructure investment company focusing on global public infrastructure projects that address societal and environmental needs. It maintains a diverse portfolio across utilities, transport, education, health, justice, and digital infrastructure in the UK, Europe, Australia, New Zealand, and North America, aiming to provide shareholders with long-term yield and capital growth.
YTD Price Performance: -6.56%
Average Trading Volume: 3,209,354
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of INPP stock, go to TipRanks’ Stock Analysis page.