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International Public Partnerships Limited ( (GB:INPP) ) just unveiled an announcement.
International Public Partnerships Limited has repurchased 250,000 of its ordinary shares at 120.0 GBp per share on the London Stock Exchange, intending to hold them in treasury. This transaction increases its treasury shares to 41,500,000, leaving 1,869,743,132 shares in issue. This share repurchase could indicate a strategic move to enhance shareholder value and optimize capital allocation, reflecting the company’s ongoing commitment to financial management.
More about International Public Partnerships Limited
International Public Partnerships Limited (INPP) is a listed infrastructure investment company focusing on global public infrastructure projects and businesses that address societal and environmental needs. INPP’s portfolio includes projects in sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure across regions like the UK, Europe, Australia, New Zealand, and North America. The company aims to provide shareholders with long-term yield and capital growth.
YTD Price Performance: -0.99%
Average Trading Volume: 3,596,176
Technical Sentiment Consensus Rating: Buy
See more insights into INPP stock on TipRanks’ Stock Analysis page.