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International Public Partnerships ( (GB:INPP) ) has provided an update.
International Public Partnerships Limited has repurchased 300,000 of its own ordinary shares on the London Stock Exchange, at prices between 124.6p and 125.0p per share, with a weighted average price of 124.9p, and intends to hold these shares in treasury. Following this latest buyback, the company now holds 99,589,702 shares in treasury and has 1,811,653,430 ordinary shares in issue excluding treasury stock, a move that marginally reduces the free float and can be seen as part of its ongoing capital management strategy aimed at enhancing shareholder value.
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 Limited (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 utility and transmission, transport, education, health, justice and digital infrastructure across the UK, Europe, Australia, New Zealand and North America, with a strategy aimed at delivering long-term yield and capital growth to shareholders. Amber Fund Management serves as INPP’s investment adviser, overseeing the management and origination of its infrastructure investments.
Average Trading Volume: 4,058,385
Technical Sentiment Signal: Strong Buy
See more insights into INPP stock on TipRanks’ Stock Analysis page.