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International Public Partnerships ( (GB:INPP) ) has issued an update.
International Public Partnerships has repurchased 250,000 of its ordinary shares on the London Stock Exchange at a weighted average price of 125.0 pence per share, with the shares to be held in treasury. Following this transaction, the company now holds 99,289,702 shares in treasury and has 1,811,953,430 ordinary shares in issue excluding treasury, a move that may support capital management objectives and potentially enhance value for remaining shareholders by reducing the free float.
The most recent analyst rating on (GB:INPP) stock is a Hold with a £131.00 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.
The score is primarily driven by solid balance-sheet strength and strong cash generation, partially offset by a materially weaker 2024 income statement and very weak earnings-based valuation (extremely high P/E). Technical signals are mildly supportive, and recent corporate actions (buybacks and portfolio/strategy updates) add a modest positive tilt.
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 focused on global public infrastructure projects and businesses that address societal and environmental needs. Its diversified portfolio of more than 130 assets spans utilities and transmission, transport, education, health, justice and digital infrastructure across the UK, Europe, Australia, New Zealand and North America, aiming to deliver shareholders both long-term yield and capital growth. Amber Fund Management acts as INPP’s investment adviser, managing and originating infrastructure investments through a team of around 180 staff.
Average Trading Volume: 4,006,804
Technical Sentiment Signal: Buy
Learn more about INPP stock on TipRanks’ Stock Analysis page.