tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

International Public Partnerships Acquires Additional Treasury Shares

Story Highlights
International Public Partnerships Acquires Additional Treasury Shares

Meet Your ETF AI Analyst

An update from International Public Partnerships ( (GB:INPP) ) is now available.

International Public Partnerships Limited has repurchased 250,000 ordinary shares on the London Stock Exchange, with the intention to hold these shares in treasury. This transaction increases the company’s treasury holdings to 89,541,165 shares, while the total shares in issue remain at 1,821,701,967, excluding treasury shares. This move could potentially impact the company’s share value and market perception by consolidating its share capital.

The most recent analyst rating on (GB:INPP) stock is a Hold with a £1.43 price target. To see the full list of analyst forecasts on International Public Partnerships stock, see the GB:INPP Stock Forecast page.

Spark’s Take on GB:INPP Stock

According to Spark, TipRanks’ AI Analyst, GB:INPP is a Neutral.

International Public Partnerships Limited demonstrates a solid financial foundation with a strong balance sheet and consistent cash flow generation. However, significant challenges in revenue growth and profitability weigh on its performance. The valuation suggests caution due to a high P/E ratio, but the high dividend yield offers some compensation. Recent corporate actions, such as share buybacks, bolster confidence in future prospects. Overall, the stock’s performance reflects a need for cautious optimism, balancing strengths in financial stability with concerns about profitability and valuation.

To see Spark’s full report on GB:INPP stock, click here.

More about International Public Partnerships

International Public Partnerships (INPP) is a listed infrastructure investment company focusing on global public infrastructure projects and businesses that meet societal and environmental needs. It is a long-term investor in over 130 infrastructure projects across sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure in regions including the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide shareholders with long-term yield and capital growth.

Average Trading Volume: 3,763,116

Technical Sentiment Signal: Buy

See more data about INPP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1