International Public Partnerships Repurchases Shares to Enhance Capital Management

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

International Public Partnerships Limited has repurchased 40,000 ordinary shares at a price of 110.8 GBp each on the London Stock Exchange. The company plans to hold these shares in treasury, bringing its total treasury shares to 42,560,000, with 1,868,683,132 shares remaining in issue. This transaction reflects INPP’s ongoing strategy to manage its share capital effectively, potentially enhancing shareholder value and maintaining its position in the infrastructure investment sector.

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. It invests in sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure across regions including the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide long-term yield and capital growth for its shareholders.

YTD Price Performance: -9.24%

Average Trading Volume: 5,000,341

Technical Sentiment Consensus Rating: Buy

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