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An update from International Public Partnerships ( (GB:INPP) ) is now available.
International Public Partnerships Limited has announced the purchase of 300,000 ordinary shares at a price of 120.6 GBp each on the London Stock Exchange, with the intention to hold these shares in treasury. This transaction increases the company’s treasury holdings to 76,711,165 shares, while the total number of shares in issue remains at 1,834,531,967. This move could strengthen the company’s financial position and potentially enhance shareholder value by reducing the number of shares available in the market.
The most recent analyst rating on (GB:INPP) stock is a Hold with a £1.43 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.
International Public Partnerships Limited demonstrates a solid financial foundation with a strong balance sheet and consistent cash flow generation. However, significant challenges in revenue growth and profitability weigh on its performance. The valuation suggests caution due to a high P/E ratio, but the high dividend yield offers some compensation. Recent corporate actions, such as share buybacks, bolster confidence in future prospects. Overall, the stock’s performance reflects a need for cautious optimism, balancing strengths in financial stability with concerns about profitability and valuation.
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 that focuses on global public infrastructure projects and businesses addressing societal and environmental needs. It invests in over 140 projects across sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure in regions including the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide long-term yield and capital growth for its shareholders.
Average Trading Volume: 3,504,500
Technical Sentiment Signal: Buy
Find detailed analytics on INPP stock on TipRanks’ Stock Analysis page.