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The latest announcement is out from International Public Partnerships Limited ( (GB:INPP) ).
International Public Partnerships Limited has repurchased 500,000 ordinary shares on the London Stock Exchange, at an average price of 119.6 GBp per share, and intends to hold these shares in treasury. This move increases the company’s treasury shares to 39.25 million, with 1.87 billion shares remaining in circulation, reflecting a strategic decision that may influence shareholder value and market perception.
More about International Public Partnerships Limited
International Public Partnerships (INPP) is a listed infrastructure investment company that invests in global public infrastructure projects and businesses addressing societal and environmental needs. Its portfolio includes over 140 projects across sectors like utility, transport, education, health, justice, and digital infrastructure in regions such as the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide shareholders with long-term yield and capital growth, with Amber as its investment adviser.
YTD Price Performance: -1.65%
Average Trading Volume: 3,494,498
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of INPP stock, go to TipRanks’ Stock Analysis page.