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International Public Partnerships Limited ( (GB:INPP) ) has issued an announcement.
International Public Partnerships Limited has repurchased 150,000 of its own ordinary shares on the London Stock Exchange and intends to hold these shares in treasury. This transaction increases the total number of treasury shares held by the company to 36,650,000, while the number of ordinary shares in issue stands at 1,874,593,132. Such buybacks can be a strategic move to enhance shareholder value, indicating the company’s confidence in its financial health and future prospects.
More about International Public Partnerships Limited
International Public Partnerships Limited (INPP) is a listed infrastructure investment company that invests in global public infrastructure projects and businesses. It focuses on sectors that meet societal and environmental needs, such as utility, transmission, transport, education, health, justice, and digital infrastructure. INPP operates primarily in the UK, Europe, Australia, New Zealand, and North America, aiming to provide long-term yield and capital growth for its shareholders.
YTD Price Performance: -8.58%
Average Trading Volume: 3,189,800
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of INPP stock, go to TipRanks’ Stock Analysis page.
