Partners Group Private Equity Adds to Treasury Stock in Buyback Move

The latest update is out from Princess Private Equity Holding ( (GB:PEY) ).

Partners Group Private Equity Limited has repurchased 50,000 of its own ordinary shares at a weighted average price of EUR 8.65 as part of its ongoing share buyback programme. The company now holds 1,325,025 shares in treasury, which carry no voting rights, leaving 67,826,143 shares in issue with voting rights and providing an updated reference point for investors monitoring their disclosure thresholds.

By increasing its treasury share holding, the listed private equity vehicle is continuing to deploy capital to support its share price and capital management strategy. The updated voting rights figure is significant for shareholders subject to the FCA’s Disclosure Guidance and Transparency Rules, as it determines when investors must report changes in their stakes in the company.

The most recent analyst rating on (GB:PEY) stock is a Sell with a EUR10.60 price target. To see the full list of analyst forecasts on Princess Private Equity Holding stock, see the GB:PEY Stock Forecast page.

More about Princess Private Equity Holding

Partners Group Private Equity Limited is a Guernsey-domiciled investment holding company founded in 1999 that focuses on private equity direct investments. Managed by global private markets firm Partners Group, which is listed in Switzerland, the company targets long-term capital growth and attractive dividend yields and is traded on the London Stock Exchange under euro and sterling tickers.

Average Trading Volume: 73,553

Technical Sentiment Signal: Sell

For a thorough assessment of PEY stock, go to TipRanks’ Stock Analysis page.