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INPP Announces Share Buyback Program Management During Closed Period

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INPP Announces Share Buyback Program Management During Closed Period

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The latest update is out from International Public Partnerships Limited ( (GB:INPP) ).

International Public Partnerships Limited is managing a share buyback program led by Deutsche Numis during its closed period ahead of the full-year results for 2024. The program, which initially allows for up to £60 million in buybacks, has already seen £53 million in shares repurchased. The company plans to expand and extend this program if its shares continue to trade at a significant discount to net asset value (NAV), intending to reduce this discount and enhance shareholder value.

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 addressing societal and environmental needs, offering long-term yield and capital growth to its shareholders. Its portfolio spans utility, transmission, transport, education, health, justice, and digital infrastructure sectors across the UK, Europe, Australia, New Zealand, and North America. Amber Fund Management is the investment adviser to INPP, managing and originating infrastructure investments.

YTD Price Performance: -2.31%

Average Trading Volume: 3,588,163

Technical Sentiment Consensus Rating: Buy

Learn more about INPP stock on TipRanks’ Stock Analysis page.

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