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International Public Partnerships Purchases 150,000 Shares for Treasury

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International Public Partnerships Purchases 150,000 Shares for Treasury

International Public Partnerships Limited ( (GB:INPP) ) has issued an update.

International Public Partnerships Limited announced the purchase of 150,000 ordinary shares on the London Stock Exchange, at a weighted average price of 115.0 GBp per share. The company intends to hold these shares in treasury, now holding a total of 35,900,000 shares in treasury with 1,875,343,132 shares in issue, excluding treasury shares. This move is likely part of their strategy to manage share capital and potentially enhance shareholder value.

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. Their portfolio includes sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure across the UK, Europe, Australia, New Zealand, and North America. INPP aims to offer its shareholders long-term yield and capital growth while meeting societal and environmental needs.

YTD Price Performance: -4.62%

Average Trading Volume: 3,139,346

Technical Sentiment Consensus Rating: Strong Buy

See more insights into INPP stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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