International Public Partnerships Limited (GB:INPP) has released an update.
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International Public Partnerships Limited has acquired 300,000 of its own shares at a weighted average price of 129.6 GBp per share, holding them in treasury. This move leaves the company with 24.3 million treasury shares and a total of approximately 1.89 billion shares in issue. Such buybacks can be a strategic decision to enhance shareholder value and demonstrate confidence in the company’s long-term growth.
For further insights into GB:INPP stock, check out TipRanks’ Stock Analysis page.