tiprankstipranks
Trending News
More News >

International Public Partnerships Repurchases Shares to Enhance Shareholder Value

Story Highlights
International Public Partnerships Repurchases Shares to Enhance Shareholder Value

International Public Partnerships Limited ( (GB:INPP) ) just unveiled an update.

International Public Partnerships Limited has repurchased 40,000 ordinary shares at a price of 111.4 GBp each on the London Stock Exchange. The company plans to hold these shares in treasury, which now totals 42,920,000 shares, while the total number of shares in issue remains at 1,868,323,132. This transaction reflects the company’s ongoing strategy to manage its share capital effectively, potentially enhancing shareholder value.

More about International Public Partnerships Limited

International Public Partnerships Limited (INPP) is a listed infrastructure investment company that invests in global public infrastructure projects and businesses. It focuses on sectors such as utility and transmission, transport, education, health, justice, and digital infrastructure across the UK, Europe, Australia, New Zealand, and North America. INPP aims to provide its shareholders with long-term yield and capital growth, with Amber Fund Management Limited serving as its investment adviser.

YTD Price Performance: -7.76%

Average Trading Volume: 5,246,754

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on INPP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App